🔥 BTC Support & Resistance Levels Explained! 🔥
Here’s a fresh view of bitcoin’s key levels to watch today! 👀
🚀 Current price: $105,158.12 — BTC is trying to find its direction after touching a high of $106,128.57 and bouncing from a low of $104,300.00 in the last 24 hours.
🟣 Support:
➥ Immediate support lies at $104,300, which previously acted as a strong base for the price.
➥ If we break below that, we might drop toward $100,370, a key level that supported a reversal previously.
🔴 Resistance:
➥ The first hurdle upward is around $106,130, which was the 24-hour high.
➥ If buying pressure grows, we may retest $108,016, a nearby resistance and a potential breakout point for further rallies.
💹 Tip: Keep an eye on these levels when planning trades. A break above resistance could spark momentum, while a drop below support may signal weakness.
🚀 Happy trading, and stay vigilant! 🌟