📉 BTC/USDT – 1H Chart Overview (June 13, 2025)

Current Price: $104,485

24H Range: High – $108,450 | Low – $102,664

Market Structure: Still bearish, with a sharp drop to $102,664 followed by a weak recovery.

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🔍 Key Observations:

1. Price Movement:

BTC saw a sharp decline from ~$108K to ~$102.6K. The current bounce appears corrective, lacking strong volume support.

2. Resistance Zones:

Initial resistance around $105,160

Stronger resistance near $106,600 (prior breakdown level)

3. Volume Dynamics:

Breakdown was accompanied by high sell volume.

The rebound shows weak buying interest, indicating low bullish momentum.

4. Moving Averages:

Bearish crossover confirmed: 5-period MA is below the 10-period MA.

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📊 Trade Idea (Short Setup):

Entry Zone: $105,100–$105,600 (retest of resistance)

Stop-Loss: Above $106,800

Target 1: $102,600 (recent low)

Target 2: $100,800 (key demand zone)

Risk/Reward: Approx. 1:2.5 if aiming for Target 2

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⚠️ Invalidation Point:

If BTC closes above $107K on the hourly with strong volume, the short setup loses validity.