๐ง $BTC /USDT โ Daily Technical Signal | $104,641 Bitcoin is currently trading at $104,641, up +0.93% in the last 24 hours. The price recently bounced from a low of $103,285, showing early signs of a potential short-term reversal.
๐ Market Summary:
24h High: $104,900
24h Low: $103,285
Volume (BTC): 9,196.58
Volume (USDT): $958.17M
Price Structure: BTC formed a small hammer-like candle after a corrective drop from $108,000+, signaling demand near the $103,000 area.
๐ Technical Outlook:
Support Zones:
Strong support at $103,200
Psychological support near $101,500
Resistance Zones:
Immediate resistance at $106,800
Strong resistance between $108,000 โ $109,000
Break above $109,200 could lead to retest of $112,000 zone
Volume Analysis:
Volume remains stable, indicating healthy interest during the pullback. No major signs of panic sell-off. A slight uptick in green volume could confirm a bullish reversal.
๐ Signal:
Neutral to Bullish Bias
Watch for confirmation above $105,200 to validate upward momentum.
If BTC fails to hold above $103,000 again, downside risk opens toward $101,000.
๐ฏ Strategy:
Short-term Traders: Look for bounce trades above $104K with tight SL under $103K.
Mid-term Positioning: Accumulation in dip zones below $103K could offer risk-managed entry toward $109K+ targets.
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