📊 Real-time Analysis: $BTC Follow me to receive all updates
🔸 Nearby Resistances:
106,500 👉 Very strong resistance, tested multiple times.
110,000 👉 Potential target if the first resistance is broken.
🔸 Nearby Supports:
104,500 👉 Immediate support.
102,000 👉 Strong daily support.
98,000 👉 Major support, potential investment entry.
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🔁 Two Scenarios:
📈 Bullish Scenario (Breakout):
If the price closes above 106,500 with a 4-hour or daily candle:
Next target: 110,000 – 112,000
Quick entry possible at breakout with a stop loss below 104,500
📉 Bearish Scenario (Resistance Rejection):
If the price fails to break 106,500 and starts to retrace:
It may return to 102,000 – 104,000
Good buying areas with a stop loss below 98,000