a short technical analysis and trade signal for $BTC 💯🔥
/USDT, based on the price snapshot you provided:
🔍 $BTC /USDT – Technical Analysis (Short-Term)
Trend: Bullish momentum holding above $104,000
Support Zone: $103,300 – $102,500
Resistance Zone: $105,000 – $105,500
Indicators:
RSI near 60 → Mild bullish
Price holding above short-term EMAs → Bullish
Volume healthy, suggesting strong interest
📈 Trade Signal: BUY (Short-Term Swing)
Entry Zone: $104,500 – $104,750
Stop-Loss: Below $103,200
Momentum: 🔼 Bullish with consolidation breakout potential
🎯 Targets:
Target 1: $105,500 (minor resistance)
Target 2: $106,800 (strong upside breakout)
Target 3: $108,500 (extension if bullish momentum continues)
⚠️ Note: Watch for a clean breakout above $105K with strong volume for confirmation. Adjust stop-loss as price moves up to lock in profits.
