$BTC

/USDC – Technical Resistance Insight

Bitcoin is currently facing strong resistance near the $105,200 zone, as seen in recent 15-minute candle rejections. Price attempted multiple intraday pushes toward this level but failed to sustain momentum, indicating short-term selling pressure.

Key Observations:

Immediate Resistance: $105,200 – Multiple rejections hint at potential supply.

Support Zone: $104,400 – Previous wick rejections and buying interest.

Volume Spike: A notable increase in volume near resistance, suggesting aggressive sellers.

For a bullish continuation, BTC must break and close above the $105,200 resistance with strong volume. Otherwise, we may see a retest of lower support levels.

Stay alert for breakout confirmation or a potential short-term pullback.

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