$BTC
/JPY – Pullback Testing Support on Lower Timeframe
Price: ¥14,303,893 (+2.87%)
Intraday High/Low: ¥14,374,997 / ¥13,646,488
Reason:
BTC pushed into a local high but is now pulling back as the 7MA crosses below the 25MA, signaling short-term exhaustion. Volume has cooled off after the morning spike, showing demand taking a breather while price gravitates toward the 99MA support.
Key Levels:
Support: ¥14,230,000 / ¥14,120,000
Resistance: ¥14,375,000 / ¥14,450,000
Trend:
Short-term neutral-to-bullish — higher-timeframe MAs still trending up, but 15m candles showing corrective pressure.
Trade Idea (If/Then):
If BTC holds above ¥14,230,000 and bounces with a strong green candle, then a long entry toward ¥14,370,000–¥14,450,000 makes sense.
If it loses the 99MA near ¥14,120,000, then expect a deeper dip toward ¥14,000,000 before bulls attempt another move.
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