#SwingTradingStrategy 🚨 BITCOIN Bounces Back?! Sharp Rebound to $106K – Is This the Start of a Massive Bull Run?! 🚀📈 $$
🔍 Technical Analysis BTC/USDT – Timeframe 1 Hour (As of June 20, 2025) 1. Price & General Movement
Last price: $104,732
High (recent): $106,736
Low (recent): $104,712
After consolidating below $105K for the last 2 days, BTC bounces strongly to $106,736 but then quickly corrects.
2. RSI (Relative Strength Index – 14)
Current: 45.01
Indicates neutral momentum tends to be weak, not showing overbought conditions (>70) or oversold (<30).
Low RSI during the pullback indicates there is still room for upward movement if volume comes in.
3. SMI (Stochastic Momentum Index – 10,3,3)
%K: 17.8 %D: 33.0
Entering the oversold area, potential upward reversal if there is a bullish crossover at the low level. This technical signal suggests that BTC may be approaching a bounce point if volume support is present.
4. Price Structure
Strong support: $104,000 – $103,200
Strong resistance: $106,800 – $107,500
BTC appears to be forming a higher low structure in the short term, which is an early signal of potential upward trend if it can break and hold above $106.8K.
5. Volume & Price Action
The rapid spike towards $106K accompanied by significant volume, but the correction indicates traders are still unsure about the continuation of the rally.
A retest of the $106K area with a strong closing candle is needed to confirm the breakout.
📌 Technical Conclusion
Current sentiment: Sideways Bullish Bias
If BTC can consolidate above $105K, the chance to reach $108K remains open.
However, if it breaks down below $104K, it could return to the previous consolidation zone of $102K–$103K.
⚠️ DISCLAIMER
This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
🚨 "USTC About to Explode?! ‘Double Bottom’ Pattern Detected – Get Ready Before It Breaks Above $0.013!" 🚀💥
📊 USTC/USDT Technical Analysis (1-Hour Timeframe)
1. Price Action
The chart displays strong fluctuations with two sharp peaks around June 14–16, followed by a downward correction. The current price hovers around 0.01199 USDT, with short-term support at 0.01180 and local resistance near 0.01240.
Price action is entering a consolidation phase after recent volatility spikes, with reduced movement over the past few days.
2. Relative Strength Index (RSI)
The RSI currently sits at 55.12, indicating moderate strength—neither overbought (>70) nor oversold (<30). This level suggests a neutral stance with a slight bullish bias.
3. Stochastic Momentum Index (SMI)
Current values:
%K: 51.05
%D: 54.26
The SMI is nearing the neutral zone, with a potential bullish crossover forming. If %K crosses and stays above %D, it could signal a short-term upward move.
4. Price Pattern
A potential “double bottom” formation is emerging around 0.01120–0.01140, a classic bullish reversal pattern. However, a breakout confirmation is required above 0.01240–0.01260 to validate a bullish move.
🔎 Technical Summary
Current Sentiment: Neutral to Mild Bullish
Key Levels:
Support: 0.01120 / 0.01180
Resistance: 0.01240 / 0.01300
Strategic Notes (Not Financial Advice):
A breakout above 0.01240 with strong volume could spark a short rally toward 0.01300+.
Failure to hold above 0.01180 increases the risk of a drop back to strong support at 0.01120.
⚠️ Disclaimer
This is general information and not financial advice. For personal investment decisions, please consult a licensed financial advisor.
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