🔥 $BTC Sideways Shuffle: Next Big Swing Ahead?
🧐 The king continues its consolidation dance, currently hovering around the $105,400 zone. After a period of range-bound activity, traders are keenly watching for a decisive move. Will we see a breakout or a further test of support?
📊 Trading Outlook:
📈 Potential Long: A sustained break above the $108,500 resistance, confirmed by volume, could indicate a bullish continuation. This could be an opportunity for a leveraged long, targeting higher levels.
📉 Short Setup: If price action decisively breaks below the $103,000 support level, a deeper pullback could be in play. A leveraged short might be considered, with an eye on the $100,000 psychological level.
Stay vigilant and manage your risk!
⚠️ NFA/DYOR.
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