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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