Bitcoin has pulled back from intraday highs and is now hovering around $117,350, showing signs of consolidation ๐
๐น Support zone: $115,900 โ $116,500
๐น Resistance zone: $120,300 โ $120,500
๐น RSI: Neutral (no signs of oversold/buy yet)
๐น MACD: Bullish crossover on 4H, momentum slowing
๐ง Strategy: Watching for bounce from $116Kโ$116.5K range โ a recovery above $118K can lead to a test of $120K again.
๐ฌ How are you trading? Waiting for bounce or averaging down near support? Share below ๐
BTC
76,238.69
+0.39%