THE SECRET $BTC
Current Price: 110,064 USDT
24h High: 112,937
24h Low: 108,666
Trend (short-term): Sideways / slightly bearish (since price is below MA(99) = 110,589).
Support Levels:
108,666 (recent low, strong support)
108,300 (secondary support zone)
Resistance Levels:
110,960 โ 111,000 (near MA(99))
112,400 โ 112,900 (strong resistance zone)
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๐ Suggested Trading Plan
โ ๏ธ Note: This is technical analysis only, not financial advice. Always use your own risk management.
โ If Going Long (Buy):
Entry: Around 109,800 โ 110,200 (support + near MA7/25).
Stop-Loss: Below 108,500 (if BTC breaks recent low, more downside possible).
Target 1: 111,000 (conservative)
Target 2: 112,400 (next resistance)
Target 3: 112,900 (24h high zone)
โ If Going Short (Sell):
Entry: Near 111,000 โ 111,500 (resistance).
Stop-Loss: Above 113,000.
Target 1: 109,800
Target 2: 108,700 (support zone)
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๐ Market Sentiment
Order book shows: 65% sellers vs 35% buyers โ short-term bearish.
Daily change: -2.14%, weekly -5.47% โ short-term weak trend.
Long-term still positive (6 months +27%, 1 year +81%) โ macro trend bullish.
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๐ In short:
Scalp/Intraday: Possible bounce from 109,800 โ 110,000.
Stop-loss: 108,500.
Upside targets: 111,000 โ 112,400.