The $BTC USD COIN-M perpetual market on Binance is showing a slightly bullish trend, with the current price at $104,098 (+0.34%). Strong buying support is visible around $104,107.9 with 9.93K contracts, while resistance appears near $104,110–$104,111.
Key Points:
Leverage: Set to 20x – high risk, high reward.
Support Zone: Around $104,000.
Funding Rate: Positive (0.0087%) – slight bullish sentiment.
24-Hour Outlook:
If bullish momentum holds: Price may rise to $BTC 104,500–$105,200.
If it drops: It may retest $103,500 or even $BTC 102,800.
Entry Suggestions:
Buy/Long: Around $104,050–104,100 with SL at $103,900.
Sell/Short: Near $104,500 if rejected, with SL at $104,700.
Trade with caution and always set take-profit and stop-loss to manage risk.
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