BTC Afternoon Outlook
1. Resistance Levels: $105,288.4 and $105,000. If the price breaks above $105,288.4 and holds, it may open up upward space towards $106,000.
2. Support Levels: $103,876.8 and $104,000. If it falls below $103,876.8, it may test $102,000.
Trading Suggestions:
- Bullish Scenario: If the price breaks above $105,288.4 with a significant increase in volume, consider taking a small long position with a stop loss set below $105,000, targeting $106,000.
- Bearish Scenario: If the price fails to hold above $105,000 and drops below $104,802.5, consider shorting on rallies, with a stop loss set above $105,288.4, targeting $103,876.8.
