a short technical analysis and trade signal for
$BTC šÆš„
#Boooommš„š„ /USDT based on the data you provided:
š
$BTC /USDT Technical Snapshot
š Trend & Momentum
Current Price: $103,517.02
24h High / Low: $105,909.71 / $100,372.26
Price Action: Currently in pullback mode (-1.19%)
Momentum: Mild bearish consolidation after a recent high ā but holding above psychological support of $100K
Volume: High ā 24,916.64 BTC / $2.56B USDT, indicating active trading
š§ Key Levels
Support Zone: $100,000 ā $101,000
Resistance Zone: $105,500 ā $106,000
Breakout Point: Above $106K confirms bullish continuation
Breakdown Risk: Below $100K could attract strong selling
š Trade Signal
ā
Trade Setup: Long (Buy on Pullback)
Entry Zone: $102,500 ā $103,500
Stop Loss (SL): $99,800 (below critical support)
Trade Momentum: āļø Neutral to Mild Bullish (watch for bounce confirmation)
šÆ Target Levels
Target 1: $105,500 ā minor resistance
Target 2: $108,000 ā previous swing high
Target 3: $110,800 ā breakout zone continuation
š Summary
Bitcoin is in range-bound consolidation just above key support. If $100K holds and price reclaims $105K, we could see a continuation toward new local highs. Watch closely for volume spikes and momentum signals.
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