$BTC Bitcoin Maintains Gradual Rebound📈📈📈
Bitcoin is trading at $66,356, continuing its rebound above $66,000 as its technical outlook gradually improves. The Parabolic SAR is well below the spot price around $60,943, indicating that this latest bounce is tentatively supported, while the Moving Average Convergence Divergence (MACD) histogram is above the zero line on the daily candlestick chart, showing increasing bullish momentum. Additionally, the Relative Strength Index (RSI) is below the midline at around 44 on the same chart, as buying pressure remains moderate.
Daily BTC/USDT Chart
On the upside, the nearest resistance is seen at the 50-day Exponential Moving Average (EMA) at $70,554, followed by the 100-day EMA at $73,196, with the 200-day EMA at $78,425 reinforcing the broader resistance unless buyers can sustain the recovery.
On the flip side, the Parabolic SAR level around $60,943 forms the first significant support layer,
#EthereumRebounds22%FromJuneLow #USStockRallyPausesBeforeWarshFed $PePe $KMNO
Bitcoin is trading at $66,356, continuing its rebound above $66,000 as its technical outlook gradually improves. The Parabolic SAR is well below the spot price around $60,943, indicating that this latest bounce is tentatively supported, while the Moving Average Convergence Divergence (MACD) histogram is above the zero line on the daily candlestick chart, showing increasing bullish momentum. Additionally, the Relative Strength Index (RSI) is below the midline at around 44 on the same chart, as buying pressure remains moderate.
Daily BTC/USDT Chart
On the upside, the nearest resistance is seen at the 50-day Exponential Moving Average (EMA) at $70,554, followed by the 100-day EMA at $73,196, with the 200-day EMA at $78,425 reinforcing the broader resistance unless buyers can sustain the recovery.
On the flip side, the Parabolic SAR level around $60,943 forms the first significant support layer,
#EthereumRebounds22%FromJuneLow #USStockRallyPausesBeforeWarshFed $PePe $KMNO