🚨 $BTC
/USDT – Down But Not Out? 🔻 -1.00% as Bulls Defend Key Zone
Bitcoin has slipped to $108,474, but strong support at $108K is holding—for now. Are we setting up for a recovery bounce or more downside pressure? Let’s break it down.
📊 Market Overview
📍 Current Price: $108,474.34
📈 24h High: $110,392.01
❄️ 24h Low: $108,064.00
📦 24h Volume (BTC): 13,148.06
💰 24h Volume (USDT): $1.44B
📉 Technical Snapshot:
MACD: Weakening momentum—bearish crossover forming
SAR: Trending above price—signaling downtrend
EMA: Price trading below short-term EMAs—watch for bounce signals
📈 $BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $btcHolds Above $108,000):
Entry: Above $108,800
Targets: $109,800, $110,800, $112,000+
Stop-Loss: $107,600
🔹 Bearish Scenario (If $btcBreaks Below $108,000):
Entry: Below $108,000
Targets: $107,000, $105,800, $104,200
Stop-Loss: $109,000
🔍 Bitcoin Trade Insights
✅ Price is testing support with decent volume—potential for a rebound
⚠️ Breakdown below $108K = Bearish continuation
✅ Recovery above $109.8K would signal strength return
💡 Pro Tip:
Watch for a 15m EMA crossover or bullish divergence on RSI to signal entry. Confirmation is key in volatile zones!
📢 Are you buying the dip or waiting for confirmation? Drop your strategy in the comments!
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