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BTC
96,716.2
-2.69%
Current Price: $96.850 (-2.28% in 24h)
Key Observations:
1. Support level around $96.150 (24h low).
2. Nearest resistance at $100.777 (24h high).
3. Moving Averages (MA) are in a bearish phase:
- MA7 (97.955) below MA25 (98.598)
- MA99 still above at 102.452
Technical Indicators:
- MACD is showing positive signs (9.36), but still weak.
- Trading volume is relatively low (31.325$BTC ).
- Chart pattern is still bearish short-term.
Recommendations:
1. Wait for trend confirmation.
2. Watch if support at $96.150 holds.
3. Need a breakout above $100.777 for a bullish signal.
Risk Management:
- Don’t #fomo.
- Avoid high #Leverage
- Wait for trend confirmation.
#btcbulish btc #ethbulish BTC#ETH #bullish