$BTC /USDT Analysis – Bulls Gearing Up Again🤔🔐👇
Chart Timeframe: 1H & 1D
Current Price: $105,093
Current Formed Candle:📊
On the 1H chart, $BTC just printed a small-bodied doji after a strong bullish impulse followed by a sharp pullback – signaling indecision near resistance.
On the 1D chart, BTC has formed a bullish engulfing candle emerging from demand zone ($103,000–$104,000), indicating buyer defense.
Chart Pattern & Trend Signal:📊📉
Break of Structure (BOS) confirmed at $105,000 on the daily – buyers reclaim control.
Price respected the key demand zone and bounced with strength, indicating a possible trend continuation to the upside.
RSI on both timeframes rebounded from oversold territory – currently neutral, suggesting room to move higher.
21 EMA still holding as dynamic support on both timeframes.
Why Bullish🤔🔐👇
$BTC is retesting a previously broken consolidation block and forming higher lows on the hourly.
Strong reaction from the 4H OB zone near $103K.
Momentum indicators are resetting after a brief dip, setting up for a potential leg-up.
Volume is picking up on bullish candles – hinting accumulation.
Trade Strategy Plan:🧑💻
Entry: $104,500–$105,100✅
Target 1: $106,500🎯
Target 2: $107,200🎯
Stop-loss: $102,950☣️
Trade Duration:⌛ Short-term (12–48 hours swing window)
Pro Tip:🧑🏫
Watch for a confirmed 1H breakout above $105,500 with volume. That could signal the next leg higher.
👨❤️👨"The most profitable trades aren't rushed – they're positioned with patience."
Disclaimer: ⚠️
This is for educational purposes only. Always DYOR before entering trades.