$BTC /USDT.
₿ BTC/USDT – Key Level Reaction Trade
Current Price: $106,232.86
24h Change: +0.01%
Range:
24h High: $109,845
24h Low: $105,220
24h Volume: 39.3K BTC / $4.23B USDT (high, steady interest)
🔍 Market Context
BTC is consolidating near local support after a rejection from ~$110K.
Price hovering just above critical short-term support (~$105,200).
High volatility zone: market is waiting for either a breakdown or bounce confirmation.
🧭 Trade Scenarios
✅ Scenario A: Bounce from Support (Range Play)
Entry: $105,300–$106,000 (watch for confirmation wick or volume spike)
TP1: $107,800
TP2: $109,000
TP3: $109,800
SL: Below $104,800 (tight invalidation)
Bias: Likely if $105K continues to hold and Bitcoin shows strength on 1h RSI/MACD.
⚠️ Scenario B: Breakdown (High-Risk Short)
Entry: Break below $105,200 with volume
TP1: $103,600
TP2: $101,800
SL: $106,200 (back inside the prior range)
Bias: Only if BTC loses the $105K zone decisively. Could open a path to retest $102K zone fast.
📊 Summary Table
Setup TypeEntry RangeStop LossTargetsNotesLong (Support)$105,300–$106,000$104,800$107,800 / $109,000 / $109,800Safer, trend-continuationShort (Breakdown)<$105,200 (confirmed)$106,200$103,600 / $101,800Only with clean breakdown
📌 Key Technical Zones
Major Support: $105,000 → must hold for bulls to maintain structure.
Major Resistance: $109,800–$110,000 → aggressive sellers stacked here.
Momentum Shift: Breakout over $110K could trigger sharp leg to $113K+
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