V-shaped recovery $BTC in the trading range🔥

📊 Bitcoin Analysis (1 hour - 4 hours): V-shaped recovery - the price range remains intact unless it breaks the $106,355 level.

Bitcoin continues to stabilize within a price range of $101,638 to $110,173, as previously expected. This movement within the price range remains valid unless the price breaks the $106,355 level.

On both timeframes (1 hour and 4 hours), a V-shaped recovery pattern is forming, increasing the likelihood of an upward breakout. However, the orange trendline drawn from the previous price movement remains as a key dynamic level - providing both technical structure and resistance.

__

🟢 Buy Setup:

📍 Entry Trigger: Break and close above $106,355

📈 Momentum Confirmation: If the Relative Strength Index closes above 67 on the 1-hour timeframe, it adds strong confirmation for the bullish bias.

🛡️ Stop Loss: Around $104,950

---

⚠️ Range Context:

Current Range: $101,638 - $110,173

As long as the price remains within this range, the breakout and breakdown setups remain valid.

📉 Breakdown Area: We are still monitoring $103,822.8 as a bearish trigger (from previous analysis)

$BTC #Binance #BTC #MarketPullback #BinanceAlphaAlert #Write2Earn