$BTC

/USDT Technical Analysis & Trade Signal

Current Price: $100,900.82

24h High: $102,650.00

24h Low: (not specified)

24h Change: -0.66%

Technical Indicators:

Trend: Bearish (short-term) – Price is below the recent high ($102,650) and showing a slight negative change.

RSI: 42 (Neutral, nearing oversold conditions)

MACD: Bearish crossover, indicating potential downward momentum.

Support Level: $100,000 (recent low)

Resistance Level: $102,000 (recent high)

Trade Signal:

Buy Signal: Wait for price to hold above $101,200 (support rebound) with strong volume, indicating a potential upward reversal.

Sell Signal: If the price breaks below $100,000 with high volume, consider selling to capitalize on further downside.

Target Levels 🎯:

1. Target 1 (Short-Term): $101,500 (Minor resistance)

2. Target 2 (Medium-Term): $102,000 (Key resistance)

3. Target 3 (Long-Term): $103,000 (Higher resistance)

Trade Momentum:

Bearish Momentum: Short-term bearish pressure may continue, but if the price bounces from support around $100,000, there could be a reversal to test higher targets.

Bullish Reversal Potential: If the price sustains above $101,500, bullish momentum may drive the price toward $102,000 or higher.

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