$BTC – Pullback or Prep for Next Leg Up?
$BTC is trading at $104,713 (+2.20%) after hitting a local high of $106,853, showing signs of cooling down after a strong rally. The 1H chart now reflects a minor retracement, with price slipping below the SAR indicator, suggesting short-term bearish pressure.
Key Data:
• 24H High / Low: $106,853 / $102,380
• SAR Resistance: $106,197
• Support Zone: $103,800 – $102,800
• Order Book Bias: 85.76% Buyers vs 14.24% Sellers
Momentum is still intact on higher timeframes, but short-term traders should watch the $103.8K support zone closely. A bounce could signal another bullish leg — while a breakdown may trigger deeper consolidation.
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