[SIGNAL] BTC/USDT Analysis – 4H Chart
Current Price: $103,645.37
24h Change: +1.76%
Timeframe: 4H
Trend: Bullish Recovery after local correction.
Key Observations:
Support Zone: $101,775 – $101,429
Resistance Zone: $105,819 – $106,174
Parabolic SAR: Flipped to bullish at $100,886
MACD: Negative but converging. Potential bullish crossover forming.
Volume: Healthy, slight increase during recovery candles.
Order Book Sentiment:
Bid Dominance: 88.10%
Ask Pressure: 11.90%
Indicates strong buying interest.
Price Action:
BTC has rebounded from a low of $101,429, forming higher lows and pushing toward the $105K resistance level. Recent green candles show momentum returning.
Strategy Suggestion:
Short-term Traders: Consider entry on pullbacks to $102,500–$103,000 with a target of $105,800+.
Swing Traders: If BTC breaks above $106K with volume, expect a push toward $108K–$110K zone.
Stop-loss: Below $101,000 (invalidate short-term bullish structure).
Risk Level: Moderate
Sentiment: Cautiously Bullish$BTC