$BTC is breathing heavy right now. The candle structure shows pressure building after rejection near the recent high. Momentum has shifted short term bearish but the broader trend still holds strength. Sellers pushed price down fast which usually invites a reaction zone.
Support is sitting around 95200 to 94500 where buyers previously defended hard. If this area holds, a sharp bounce can ignite quickly. Resistance stands near 96600 then 97900 where selling pressure last appeared.
Momentum Insight
Selling was aggressive but volume shows exhaustion signs. This feels like fear shaking weak hands rather than trend death. Market is testing conviction.
Trade Setup
Entry
95500 to 95250 zone on confirmation
Target
First 96600
Second 97800
Stop Loss
Below 94500
Emotion Check
This is the moment where patience beats panic. Let price come to you. If support holds, the bounce will be fast and unforgiving for late chasers. If it fails, step aside with discipline.
Trade calm. Let the chart speak.
#MarketRebound #BTC100kNext? #USJobsData
