$BTC /USDT – 1‑Hour Technical Analysis
Current Price: ~$106,404
Intraday Range: ~$104,005 – $106,404
Trend: Bullish consolidation within an ascending triangle pattern
🛡️ Key Levels
Resistance Zones:
**$106,500–$106,700** — recent high, overhead supply
**$108,000–$110,000** — major psychological/resistance area
Support Zones:
**$104,000–$104,500** — short-term structure
**$102,800–$103,000** — deeper support and liquidity zone
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📈 Indicators & Context
RSI (1H): ~62 — bullish, but not overbought
MACD (1H): Bullish crossover with positive histogram
EMAs: Price above both 20- and 50-period EMAs — reinforcing bullish trend
Volume: Increased on green candles, backing upward moves
**Macro/Crypto Context:**
BTC held steady above $105k despite geopolitical uncertainty and Fed’s hawkish pause
Market positioning for the next leg up hinges on USD direction and macro catalysts such as Fed commentary
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🛠️ Strategic Trade Scenarios
✅ 1. Breakout Long Setup
Entry: After 1H candle closes above $106,700 with solid volume
Targets:
TP1: $108,000
TP2: $110,000
Stop-Loss: ~$105,000
Risk/Reward: ~1:2
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🐂 2. Pullback Long Setup
Entry: On dip to $104,500–$105,000 confirmed by bullish reversal (e.g., hammer, engulfing)
Targets:
TP1: $106,500
TP2: $108,000
Stop-Loss: ~$103,800
Risk/Reward: ~1:2.5
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🐻 3. Breakdown Short Setup
Entry: Below $104,000 on breakout with high selling volume
Targets:
TP1: $102,000
TP2: $100,000
Stop-Loss: ~$105,000
Risk/Reward: ~1:2
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⚠️ Management Tips
Volume confirmation is essential—avoid low-volume breakouts
Macro events (Fed decisions, CPI, geopolitical news) can trigger volatility; adjust entries/SL accordingly
Protect gains—trail stops after TP1, consider scaling out near TP2
Risk discipline—limit exposure to 1–2% of capital; update SL in line with technical structure.
