$BTC 📊 BTC 1-Hour Technical Analysis (Binance)

✅ Chart Patterns & Momentum

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🔑 Key Levels to Watch

Support:

Resistance:

⚠️ Risks & Caution Signals

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A failure to hold above $105,200 could trigger a drop toward $104,000 or $103,600 .

🧭 Near-Term Outlook (1–4 Hours)

A retention of $105,200–$105,500, followed by a bounce, could fuel a breakout above $106,600–$106,700 and possibly move toward $108k+.

A reject at $106.6k+ or a break below $105.2k may signal a pullback toward $104,900 or $104,000 for better long setups.

🧠 Strategy Tips

For long entry:

Wait for price to pull back into $105.2k–$105.5k, ideally showing bullish candlestick signals and increasing volume.

Target zone: $106.6k–$107k initially, with a secondary upside reaching $108,000+.

Stop-loss ideas: For a long, place stop just below $105,000 (or $104,900) to limit downside risk.

For short-term scalping, consider fading overbought signals while respecting the ascending triangle’s bullish bias.

🕰 Outlook Summary

Time HorizonBiasKey Levels1hBullishSupport: $105.2k · Target: $106.6k3–6hMixedWatch $105k–$106.7k range1 dayNeutral to BullishResistance: $107k–$108k

✅ Final Take

On the 1‑hour timeframe, BTC is showing bullish structure via an ascending triangle breakout, but with overbought RSI,