$BTC BTC/USDT: Navigating the Narrow Range
Current Price: $104,001.13
24h Change: -0.44%
24h High: $105,226.17
24h Low: $103,500.00
24h Volume (BTC): 9,963.11
24h Volume (USDT): $1.04B
Key Levels:
Support: $103,933.33 (Recent Low), $103,500.00 (24h Low)
Resistance: $104,259.11 (Recent High), $105,226.17 (24h High)
Bullish Scenario:
Target: $105,500.00 (next resistance level)
Condition: Break above $104,259.11 (recent high) and sustain above $104,400.00 (key resistance level)
Bearish Scenario:
Target: $103,000.00 (next support level)
Condition: Break below $103,933.33 (recent low) and sustain below $103,500.00 (24h low)
The BTC/USDT pair is currently consolidating within a narrow range. A break above $104,259.11 could lead to a bullish move towards $105,500.00, while a break below $103,933.33 could result in a further decline towards $103,000.00.
Traders should monitor these levels closely for potential trading opportunities.