BTC/USDT — Market Outlook & Strategy
📍 Current Price: $103,486.03 (▼ -1.87%)
24h Range: High $105,909.71 / Low $103,468.00
Volume (24h):
• BTC: 12,216.67
• USDT: $1.28B
Category: Proof-of-Work (PoW)
🔑 Key Technical Levels
Resistance Zones:
• $105,909.71 – Daily high resistance
• $105,497.27 – Notable sell wall in order book
• $104,765.40 – Local supply pressure
Support Levels:
• $103,468.00 – Intraday low
• $102,800.00 – Key psychological level
• $101,200.00 – Major demand zone & buy wall
🔄 Potential Trade Ideas
🟢 Bullish Reversal Play
• Setup: Price reclaims and consolidates above $104,765
• Targets:
– T1: $105,900
– T2: $106,600
• Stop-Loss: Below $103,400
• Confirmations: Strong volume + bullish 1-hour candle close
🔁 Support-Based Long Opportunity
• Entry Zone: $103,000 – $103,500
• Targets: $104,500 to $105,000
• Stop-Loss: Below $102,500
• Look For: RSI divergence and bullish engulfing pattern on 15m or 1h chart
🔻 Bearish Breakdown Setup
• Trigger: Break and hold below $103,468
• Targets:
– T1: $102,800
– T2: $101,200
• Stop-Loss: Above $104,100
• Confirmation: Volume spike + correlated breakdown in ETH or BNB
📌 Quick Summary
Intraday Bias: Bearish
Market Structure: Short-term pullback following resistance rejection
Risk Note: Market volatility remains elevated. Use conservative sizing and monitor key levels closely.
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