Bitcoin
Long
Updated

BTC/USD Rebound in Play! | Key Support Holding, Eyes on $112K

8 231
📊 BTC/USD Technical Analysis
🗓️ Chart Date: May 25, 2025

🔍 Key Levels:
🔵 Support Zone: $106,800 – $107,300

Notably, price bounced twice in this region, indicating strong buying interest.

This area aligns closely with the 200 EMA (currently at $107,213.51), adding further confluence as dynamic support.

🔴 Resistance Zone: $111,800 – $112,300

Previous highs and consolidation make this a significant area where sellers may re-enter the market.

📈 Indicators:
🔵 EMA 200 (Blue): $107,213.51

Acts as a strong dynamic support; price bounced off it recently.

🔴 EMA 50 (Red): $108,182.91

Price is currently below the 50 EMA, suggesting short-term bearish pressure remains until this level is reclaimed.

🧠 Market Structure & Price Action:
After a sharp drop from the resistance zone, price found solid footing at the support zone.

Recent candles show rejection wicks from the downside, hinting at potential bullish reversal.

A breakout above minor consolidation and 50 EMA could trigger a bullish continuation toward the resistance.

📌 Forecast:
✅ If the price holds above the support zone and breaks above $108,200, we can expect a bullish move toward $112,000.
⚠️ However, a failure to break above the 50 EMA could lead to a retest of the support zone.

🧭 Trade Idea (Not Financial Advice):
📥 Long Bias:

Entry: On confirmed breakout above $108,200

SL: Below $107,000

TP: $111,800 – $112,300

📌 Conclusion:
The chart setup suggests a potential bullish reversal 📈 from a key support zone, supported by EMA 200. Watch for a break above the 50 EMA for momentum confirmation.

🧠 Always confirm with volume and wait for confirmation before entering a position.

Trade active
snapshot

🚀 Market respected the analysis!
Price reacted perfectly from the support zone, tapping the $110,000 level twice 🔥

📍 Momentum is still strong, and we’re inching closer to the target at $112,000 🎯

🧠 Stay sharp! The market is active and full of opportunities.
📊 Keep your eyes on the chart and stay ready — don’t miss the move! 👀

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