$BTC

Bitcoin (BTC/USDT) Technical Snapshot

Price: 103,655 USDT

24h Volume: 2.03 Billion USDT

Trend: Neutral to Slightly Bullish (Short-term)

1H Chart Summary:

RSI (Relative Strength Index): 58 — Momentum is building, but not overbought yet.

MACD: Bullish crossover recently confirmed, signaling short-term upside potential.

Support Zone: 101,500 – 102,200 USDT

Resistance Zone: 104,500 – 105,800 USDT

Trade Setup:

Entry (Long):

Breakout Entry: Enter around 104,200 USDT on strong candle close above 104K with rising volume.

Pullback Entry: If price retests 102,500 USDT support with a bullish reversal candle (e.g., hammer or bullish engulfing), consider buying the dip.

Exit (Target Levels):

Short-Term Target 1: 105,500 USDT

Target 2: 107,000 USDT (if bullish momentum holds and breaks above 105.8K)

Stop-Loss:

Place below 101,500 USDT to protect against a false breakout or breakdow