🟢 Current BTC/USDT Price: $104,734.60
Timeframe Selected: 1 Hour (1h)
24h High: $105,073.53
24h Low: $103,929.27
Recent Bottom: $103,371.02
Volume (24h): 7,171 BTC / 749.7M USDT
MA(5): 252.35 (Volume avg)
MA(10): 241.64
---
🔍 Chart Observations (1H Timeframe):
Price is consolidating between ~103.9K and 105.4K, indicating a short-term range.
Recent candles show higher lows, hinting at building buying pressure.
Volume has dropped significantly after the spike on June 18, suggesting indecision.
Short MAs are flattening, indicating sideways movement and possible breakout setup.
---
🧠 Swing Trade Strategy Idea:
1. Entry Trigger: Watch for a strong candle close above $105,100 on high volume.
2. Stop-Loss: Just below the recent support ~$103,300.
3. Target: Next resistance level around $106,880 - $107,000.
4. Risk-Reward Ratio: Aim for at least 1:2 (e.g., risking $1,500 to gain $3,000).
---
⚠️ Notes:
If BTC breaks below $103,300, expect further downside and invalidate the swing setup.
Monitor macro news or upcoming events that may influence BTC volatility.
Would you like this setup turned into a trading journal format or shared as a social media post?
