Short-term Technical Analysis

🔹 Potential Range for Movement During the Week:
If the bullish momentum continues: It may test resistance levels around ~96,000–98,000$, with a possibility of a short-term bullish trend continuation. �
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If facing downward pressure: Breaking the strong support could push the price toward ~87,500–90,000$ 👇😬, a significant support level. �
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👉 Weekly Summary: Bitcoin remains highly volatile between strong support and nearby resistance — any breakout above resistance could lead to a quick rise, while breaking support may lead to a deeper correction. �
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📍 Potential Buy and Sell Zones
🟢 Potential Buy Zones (Support / Buy Zones)
🔹 87,500$ – 90,000$
→ An important support level technically; many traders may enter here if a strong downward break occurs. �
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🔹 92,000$ – 93,500$
→ A accumulation/buy area on the dip with a short-term rebound possibility. �
MEXC
💡 DCA Strategy (Gradual Buying Over Periods) Can be technically beneficial when clear supports form. �
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🔴 Potential Sell Zones (Resistance / Sell Targets)
🔹 96,000$ – 98,000$
→ The first strong resistance expected to trigger profit-taking by traders. �
MEXC
🔹 100,000$ – 105,000$+
→ A strong psychological and technical level; often used by traders to set medium-term sell targets. �
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