$BTC /USDT
๐น BTC/USDT โ Market Snapshot
Current Price: $105,515.44 (+0.70%)
24h High / Low: $106,794.67 / $104,778.52
24h Vol:
BTC: 13,823.93
USDT: ~$1.46B
Category: POW | High Volatility
๐ Key Technical Levels
Resistance
$106,260 โ $106,950: Short-term resistance (intraday sellers)
$108,000: Macro resistance zone (from previous local top)
Support
$105,000: Immediate support
$104,200 โ $103,500: Strong demand zone
Below $103,000: Structural breakdown risk
๐ง Price Action Observations
Price is ranging near recent highs, holding support around $105K
Low volatility pullback suggests accumulation, not rejection
Volume consistent but not explosive โ indicative of cautious buyers
โก Trade Setups
1. Range Rebound Long
Entry: $104,200 โ $104,800
Target: $106,800 โ $108,000
Stop: $103,000
Note: Scalping rebound within known range; strong demand near $104K
2. Breakout Continuation
Trigger: Break and hold above $106,950 (1h or 4h close)
Target: $108,500 โ $110,000
Stop: $105,600
Note: Confirmed breakout with increased volume ideal
3. High-Risk Reversal Short
Entry: $106,800 โ $107,500
Target: $105,000
Stop: $108,200
Note: Only viable if price double-tops or shows strong rejection candles
๐งพ Summary
BTC remains in a tight high-timeframe range, with $104Kโ$107K as the active battleground. A clean break above $107K could open the door to $110K+. A dip below $103.5K would be short-term bearish. Current price action favors bullish scalps and breakout setups.
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