Looking at your Binance $BTC /USDT 1-hour chart, here’s a quick analysis:

📊 Price Action & S/R Zones

Current Price: $105,450.92

24h High: $105,900 — this is acting as a local resistance zone.

Support Area: Around $104,650–$105,000, tested multiple times with wicks and bodies, indicating buyer presence.

Structure: After breaking above $105,000, BTC rallied to $105,900, then pulled back and is now consolidating just above the previous resistance (now potential support flip).

🔍 Volume & Moving Averages

Volume is declining, showing a possible pause or indecision phase.

MA(5): 139.22

MA(10): 199.05

The 5 and 10-period moving averages are flat, hinting at consolidation.

🧠 Key Levels to Watch

Bullish Confirmation: Break and close above $105,900 with strong volume.

Bearish Breakdown: Lose $104,650, invalidating the current support.

✅ Strategy Suggestion

Wait for a clear rejection or breakout from the $105,900 resistance.

Long setup: Bounce from $105,000 zone + bullish candle = entry.

Short setup: Rejection at $105,900 + bearish pattern (e.g., engulfing) = entry.

Use proper SLs: below $104,600 for longs; above $106,000 for shorts.

Let me know if you want this marked up visually with zones or translated into a trading plan.