🚨 BTC/USDT Trade Signal & Technical Analysis 📊
Watch for a breakout above $106K to confirm strength. News-driven volatility (e.g., geopolitics) may cause erratic moves — tight stop losses recommended.
🔔 Trade Signal $BTC
🔹Entry Buy or (Long): $104,300 – $105,000
🎯 Target 1: $106,500
🎯 Target 2: $108,000
❌ Stop Loss: Below $102,000
Risk/Reward: Favorable for short-term bounce plays. Wait for confirmation above $105.5K for safer entry.
🧠 Technical Analysis:
🔍 Chart Insights:
Price Rejection at $110,530 led to a strong correction.
Support Held: Around $102,000 with a long lower wick – indicating buying pressure.
Rebound Starting: BTC trying to reclaim $105K zone after sharp drop.
📈 Moving Averages:
MA(7): 105,590 (Currently below it — short-term trend still weak)
MA(25): 108,026 (Strong resistance)
MA(99): 105,981 (Key level to flip bullish)
⚠️ Trend Overview:
BTC is attempting a recovery but needs to break and hold above MA(99) to regain short-term bullish momentum.
Volume remains decent (~3.9K BTC) showing active interest, but caution needed due to recent volatility.
📌 Trade cautiously and follow risk management!
buy and trade here $BTC