🚀 $BTC /USDT Trade Signal: Targets That Hit the Bullseye! 🎯
BTC
102,927.31
-0.37%
Current Price: $102,927.31
Market Mood: Bearish momentum continues to weigh on Bitcoin, with strong resistance zones limiting upward movement.
📊 Technical Breakdown
Support Zones:
Key support at $98,800 (24h low).
Critical support at $97,700 if bearish pressure intensifies.
Resistance Levels:
Immediate resistance at $103,400 (24h high).
Strong resistance near $105,260.
Indicators Flashing Signals:
RSI: Near oversold on lower timeframes, indicating possible short-term relief.
MACD: Bearish crossover, showing persistent downside potential.
EMA: BTC remains below its 50-EMA on the daily chart, confirming bearish dominance.
🔥 Trade Setup: Sell the Bounce!
Entry Zone: $103,000 – $103,400
Momentum: Downtrend likely to continue with brief pullbacks.
🎯 Targets to Watch:
Target 1: $101,500
Target 2: $100,000
Target 3: $98,800
🚨 Stop Loss: $104,500 (above major resistance).
