#BTC /USDT, timeframe 4H (medium-term local picture), shows a breakout from a descending wedge with an attempt to return to key resistance zones. A technical pullback is occurring, but the structure is beginning to form potential for continued growth if it holds above the retest zones.

⚙️ Key levels and indicators:

Price: $104,725

RSI: 44.13 — recovery from oversold conditions, there is growth potential.

MACD: rising histogram, crossover upwards — bullish signal.

Ichimoku Cloud: bearish, but an attack on Kijun ($105,821) has begun.

Strong resistance:

$105,866 — local high.

$106,429 (Fibo -0.27)

$107,158 (Fibo -0.62)

Strong support:

$103,723 (minimum)

$103,200–103,600 — retest of the breakout zone of the wedge.

🟢 Trading plan (long on the "wedge breakout" pattern):

🎯 Entry:

Buy: $103,700–104,200

(return to the breakout zone + Bollinger middle support)

🛡 Stop:

SL: $102,816

(previous low before the impulse)

🎯 Targets:

TP1: $105,866 (local high)

TP2: $106,429 (level -0.27 Fibo)

TP3: $107,158 (0.62 Fibo)

TP4: $107,900 (1.0 Fibo)

❗️Important:

Consolidation above $105,800 with volume may accelerate movement into the Ichimoku Cloud zone.

Strong resistance at $106,400–107,900, so it is recommended to take some profits at each level.