đš Bitcoin Alert: Time to Watch Key Levels! đš
đ $BTC has taken a slight dip to $108,701 (-0.32%) after hitting a recent high of $110,718. The bears are testing the market, and the next moves could be crucial! đ
đ§± Resistance Zone: Around $111,000â$110,700
BTC struggled to stay above this level â this suggests strong selling pressure. If bulls want a comeback, this zone must be broken convincingly. đŒ
đĄïž Support Zone: 1ïžâŁ $104,400 â 25-day MA
2ïžâŁ $101,700 â Local support
3ïžâŁ $96,100 â Major support
4ïžâŁ đ» $90,500 â 99-day MA (Critical support!)
â ïž A drop below $104K could trigger a deeper correction toward the $90K zone, as the yellow arrow suggests. Watch those moving averages carefully! đ
đź MACD & Volume are showing weakening momentum â potential for further downside unless bulls regain strength soon.
đ What to watch next:
âïž Hold of support at $104K
âïž Reclaim above $110K for bullish continuation
âïž Increased volume confirmation
đŹ Are you buying the dip or waiting for confirmation? Letâs talk strategy! đ„