$BTC ๐ฅ๐จ โBTC/USD โ Is the King Falling or Just Taking a Breather?โ ๐๐ฅ
๐ Current Price: $107,750.01
๐ 24H Change: -1.65%
๐ฅ Volume Surge: 16.42K BTC / 1.79B USDT
๐ง Open Interest: Increasing โ FRESH LIQUIDITY AHEAD!
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๐งช Technical Vibe Check:
๐น MACD: Bearish crossover in play โ
๐ข RSI: 24.62 โ Oversold zone, potential for a bounce ๐ฅ
๐ MA(7): Price below MA(7) โ downward pressure remains
๐ฎ Resistance: $110,000 (high point of the day)
๐ก Support: $107,320 (recent low) โ Holds for now
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๐ง ๐ฏ TRADING PLAN โ FUTURES STRATEGY
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๐ข LONG SETUP โ CATCH THE BOUNCE ๐
๐ Entry Zone:
Buy near $107,320 if price holds
RSI cooling down to 25โ30 range
๐ Confirmation:
Bullish candle closes on 15m or 1h
RSI starts to pick up from oversold level
MACD starts to flatten/turn green
๐ฏ Targets:
1. $108,500 (First Resistance)
2. $109,000 (MA(7) Retest)
3. $110,000 (High of Day Break)
๐ Stop-Loss:
Below $107,000 (Invalidates bounce)
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๐ด SHORT SETUP โ THE BEAR TRAP? โ๏ธ
๐ Entry Zone:
Short around $109,000 if rejection starts
RSI >70, signs of overbought on smaller timeframes
๐ฏ Targets:
1. $107,000 (Key Support)
2. $106,000 (Lower Zone Test)
3. $105,000 (Long-Term Support)
๐ Stop-Loss:
Above $110,000 โ Risk of a fakeout
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๐ฎโจ SENTIMENT SIGNALS:
๐ Long/Short Ratio: 55% Short โ Bearish tilt with volatility
๐ข Volume + MACD Divergence = Early signs of potential downside continuation
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โ๏ธ FINAL VERDICT:
๐ BTC/USD has hit a rough patch below $108K, but with RSI oversold, a bounce is possible. Keep your eye on that $107K support zone. A break below it could open up a deeper correction toward $105K.
๐ก Play it smart, if the market fails to recover above $108, we may see more downside risk. For now, stay flexible with scalp or bounce plays.
