Price: $108,950 (approx.)
Trend: Short-term bearish (price below MA25 and MA99)
Support: Around $107,900 – $108,000
Resistance: Around $113,000 – $114,000
Market Mood: Correction phase after a local top ($126,000)
🟩 Buy Signal (Entry Points)
You should consider buying when:
Price touches $107,900 – $108,000 (strong support area).
A bullish candle closes above MA7 (around $110,400) — showing reversal confirmation.
MACD or RSI (if checked separately) shows upward momentum.
Ideal Buy Zone: $107,900 – $109,000
Target: $113,000 – $115,000
Stop Loss: Below $106,500
🟥 Sell Signal (Exit or Short Points)
You should consider selling when:
Price reaches $113,000 – $114,000 (near resistance).
Price fails to break above MA25 ($113,100) and starts forming red candles.
If BTC closes below $107,900, expect more downside (could go to $105,000).
Ideal Sell Zone: $113,000 – $114,000
Next Support (if breakdown): $105,000
Stop Loss (for short): $115,000
note: this is not a financial advise!