$BTC BTC/USDT Overview

Current Price: $105,961

24h Volume: $686.8 million

Market Structure: Cooling off after recent highs

Trend: Consolidation zone after strong rally

Symbolic Pattern: “Rising Wedge into Range Trap”

📈 Symbolic Chart Overview: “Micro Bull Flag on a Cliff Edge”

The current BTC setup resembles a compressed bull flag, hovering just above key support. Volatility is low, suggesting an imminent breakout or breakdown.

Support Zone: $104,800 – $105,200

Resistance Zone: $106,800 – $107,300

Breakout Zone: $107,500+ (momentum buy)

Breakdown Danger: Below $104,500

🧨 A flag breakout above resistance could trigger a $1,000+ move quickly.

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🧭 Short-Term Trading Strategy

🟢 Bullish Scenario (Scalp/Momentum Buy)

Entry: $107,200 (1H candle close + volume spike)

TP1: $108,000

TP2: $109,300

SL: $106,200

Risk:Reward: ~1:2

Leverage: Max 3–5x if scalp, reduce exposure on weekends

📌 Confirmation needed: strong green candle + >$200M hourly volume

🔻 Bearish Scenario (Quick Short Rejection Trade)

Entry: $106,700 (wick rejection + low volume)

TP1: $105,400

TP2: $104,700

SL: $107,400

Risk:Reward: 1:1.8

Leverage: 3x max, use tight stop loss

⚠️ Use this only if BTC fakes a move and gets sold off from top resistance.

⚠️ Disclaimer

> This strategy is for educational purposes only and is not financial advice. Cryptocurrency markets are highly volatile. Always use stop-loss, manage risk per trade, and never risk funds you can't afford to lose. DYOR (Do Your Own Research).

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