📊 Chart Analysis | Short-Term Setup
Price is currently around 100.82 after a strong rejection from 104.81. The chart shows a clear short-term downtrend, but price is now trying to stabilize near 100.0–100.2 support.
🔹 Support: 100.0–100.2
🔹 Resistance: 101.5–102.0
🔹 Major resistance: 103.0–104.0
🔹 Current bias: Neutral → slightly bearish
📈 Bullish scenario: A strong breakout and hold above 101.5–102.0 could open the way toward 103+.
📉 Bearish scenario: Losing 100.0 may bring another move lower.
⚠️ Wait for confirmation before entering. Use proper risk management.
#Crypto #Binance #TechnicalAnalysis #priceaction #CryptoTrading
Price is currently around 100.82 after a strong rejection from 104.81. The chart shows a clear short-term downtrend, but price is now trying to stabilize near 100.0–100.2 support.
🔹 Support: 100.0–100.2
🔹 Resistance: 101.5–102.0
🔹 Major resistance: 103.0–104.0
🔹 Current bias: Neutral → slightly bearish
📈 Bullish scenario: A strong breakout and hold above 101.5–102.0 could open the way toward 103+.
📉 Bearish scenario: Losing 100.0 may bring another move lower.
⚠️ Wait for confirmation before entering. Use proper risk management.
#Crypto #Binance #TechnicalAnalysis #priceaction #CryptoTrading
