$BTC 🔥
The price is moving within a narrow range near critical resistance 110,800–111,200, after a strong rebound from dynamic support 108,000.
General context (4H): the trend is upward, with a strong price base supporting the continuation of the rise.
Sub-trend (1H): the price is fluctuating with horizontal consolidation and an attempted silent breakout, and technical indicators (RSI = 60+, positive MACD crossover, rising OBV) reinforce this scenario.
Expected scenarios:
Positive scenario: breaking 111,200 with a strong candle close + high volume → gradual targets at 112,200 then 113,500
Negative scenario: breaking 108,000 with a sudden drop → retesting 106,000 then 104,400
⚠️Entry condition: candle confirmation on the 15M or 1H timeframe with volume support.
✅Recommendation: No entry before confirming a clear breakout or breakdown.