$BTC 🔥 btc/usdt - testing key resistance levels
quick snapshot:
- trading at $105,705 (+1.4%)
- tight range: $103,871 - $105,884
- $935M 24h volume
chart highlights:
1) bullish signals:
- hovering near upper bollinger band ($105,892)
- strong RSI at 70 (showing momentum)
- holding above key MA support ($105,112)
- MACD turning positive
2) caution notes:
- approaching overbought territory
- volume slightly declining
- rejection at $105,884 resistance
critical levels:
- immediate support: $105,112 (middle bollinger)
- major support: $103,871 (24h low)
- resistance: $105,884 / $106,618
trading strategies:
1) *breakout play:*
- long above $105,885
- target $106,618 → $107,445
- stop below $105,100
2) pullback play:
- buy dips to $105,100 area
- stop below $104,330
- target same resistance levels
market context:*
- POW coins leading momentum
- volatility protection active
- watch for weekend liquidity shifts