$SEI $BTC $INJ Bullish soon 🔥 | JENIS on Binance Square

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Bullish

$SEI $BTC $INJ Bullish soon 🔥

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

SEI

0.4561

-4.46%

BTC

97,855.05

-0.17%

INJ

23.06

-1.57%

1.2k

0

Replies 0

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$BTC Update 1. Price Trend (1D Chart): Key Resistance: $108,366.80 (recent high). Key Support: Around $81,652.50 (recent low). Price appears to be in a consolidating phase, moving sideways after rejecting the $108K level. The RSI (6) on the daily chart is around 59.2, indicating neutral-to-slight bullish momentum. 2. Price Trend (4H Chart): The price is testing the $97,654 level as a short-term support/resistance zone. There is no clear breakout or breakdown yet, as the price is trading within a defined range. MACD: It shows the potential for a bullish crossover, suggesting upward momentum may build. Volume: Decreasing, which can indicate indecision or a lack of strong market sentiment. --- Next Move Analysis: 1. Bullish Scenario: If the price breaks above $99,716 (recent local high on the 4H chart), BTC could attempt to retest $108,366. Confirmed RSI divergence and increasing volume will support this move. 2. Bearish Scenario: If BTC breaks below $97,472 (24H low), it might drop to test lower supports near $89,701 or even $81,652. Watch for bearish divergence or MACD crossing below the signal line. 3. Sideways Consolidation: The price may continue to trade between $97,654 and $99,716 in the short term, awaiting a breakout or breakdown. --- Recommendation: If you’re trading: Long Entry: After a confirmed breakout above $99,716 with strong volume. Short Entry: Below $97,472 with a target near $89,701. Place stop losses to manage risk based on your entry points.

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