📊 Market Overview Bitcoin is consolidating after a bounce from the support zone at $100,305. Bulls are trying to push higher but facing resistance near $107,414.
---
📈 Key Levels to Watch:
🔼 Resistance:
$107,414 → Short-term target
$111,959 → Strong resistance
🔽 Support:
$102,286 → Must hold!
$100,305 → Major bounce zone
---
📉 Indicators Say:
🔄 MACD: Bearish crossover (momentum slowing)
📉 Stochastic: K < D = weak momentum
🔍 Volume: Needs to rise for strong breakout
---
📌 Simple Strategy for Beginners:
✅ Buy if BTC breaks above $107,414 with strong volume 🎯 Target: $109,978 – $111,959
🚫 Avoid long if price drops below $102,000 ⚠️ Risk of fall back to $100,305 or lower
---
💡 Tips: 🔹 Use stop-loss to manage risk 🔹 Wait for breakout confirmation 🔹 Follow volume & news