#IsraelIranConflict btc /USD Update โ€” Sudden Plunge to $105,213

Timeframe: 15-minute | Trend: Bearish Correction

๐Ÿ” Technical Overview:

Current Price: $104,996 (down 2.44%)

24h Range: $102,664 โ€“ $107,966

Trading Volume: 3.05B USDT โ€” indicating strong selling pressure.

Moving Averages:

MA(5): $143.41 โ€” sharply declining

MA(10): $208.04 โ€” crossing below MA(5), signaling bearish momentum

MA(99): $104,996 โ€” now acting as resistance

Candlestick patterns show lower highs and lows, with sizeable red candles confirming the ongoing correction.

๐Ÿ”‘ Key Zones:

Support: $104,118

Break below $104,800 could trigger a rapid move toward $102,600.

๐Ÿ“ˆ Short-Term Outlook:

If $104,800 breaks, expect a swift decline to $102,600.

If prices stay above $105,200, a bounce to $106,000โ€“$106,400 is possible, but only if volume turns bullish.