$BTC /USDT โ Midday Bounceโ๐จ Eyes on Key Resistance! ๐๐ #Bitcoin is at $103,589.98 (-1.08% 24H), showing a recovery attempt on the 5m chart. After dipping near $102,963.67, buyers stepped in and pushed back toward $103,691.67 resistance.
๐ Quick Tech Snapshot:
Support Held: $102,963.67 (near 24H low $102,345.00)
Resistance Tested: $103,691.67
Volume Watch: Active trading; look for rising buy volume on a clear break.
๐ Key Levels & Setup Idea:
Resistance: $103,691.67 โ next at $104,403.64
Support: $103,407.75 โ stronger at $102,963.67
Entry: On a decisive close above $103,691.67 with good volume
Stop-Loss: Just below $103,407.75
Take-Profits:
โข TP1: $104,403.64
โข TP2: $104,736.23
โข TP3: $105,200+
๐ฎ Scenarios:
1. Bullish Breakout: Close above $103,691.67 โ run to next highs.
2. Sideways Chop: Range between $103,407.75โ$103,691.67 โ build energy for next move.
3. Rejection & Pullback: Drop below $103,407.75 โ retest $102,963.67 support.
Market Insight:
A solid break with volume signals strength; failure to clear resistance may lead to deeper retest. Watch candle closes and volume around $103,691.67
Buy and Trade $BTC