๐จ $BTC /USDT โ Tension at Resistance, Pullback or Breakout? ๐ฅ
$BTC currently trading at $108,279.99, showing signs of hesitation near resistance. Momentum is cooling offโwill bulls step back in or will the market drift lower? Let's break it down. ๐ง ๐
๐ Market Snapshot
๐ Current Price: $108,279.99
๐ 24h High: $109,700.00
โ๏ธ 24h Low: $107,970.00
๐ 24h Volume:
BTC: 9,461.83
USDT: $1.03B
๐ Live Vol: 472.48 BTC
๐งฎ Moving Averages:
MA(7): $108,618.66
MA(25): $108,875.81
MA(99): $108,575.02
๐ Price currently below all key MAs = slight short-term weakness
๐ Key Technical Levels
๐ Support Zones:
$107,970
$107,200
$106,000
Major Zone: $105,100 (watch for high-volume reversal)
๐ Resistance Zones:
$108,600 (MA cluster)
$109,700 (24h high)
$110,800 (breakout target)
๐ฏ Trade Setups to Watch
Bullish Play โ if BTC breaks above $108,900 with volume:
Entry: $109,000+
Targets: $110,500 / $112,000
Stop: Below $107,800
Bearish Play โ if BTC fails to reclaim MAs:
Entry: Below $107,800
Targets: $106,200 / $105,000
Stop: $108,800
๐ Momentum Indicators
โ ๏ธ MACD: Bearish crossover starting
โ ๏ธ RSI: Neutral, drifting downward
๐ MA structure: Bearish short-term bias
โ Volume: Still solid โ volatility likely
๐ฃ Final Thoughts
Weโre at a decision zone. Consolidation between $107.9Kโ$109.7K could lead to a strong move either way. Bulls must reclaim $109K+ with volume. Bears watching $107.2Kโ$106K for breakdown confirmation.
๐ฏ Stay sharp, watch the volume, and let the levels guide you.
๐ฌ Comment โBTCโ if you're trading this range!