technical analysis post for $BTC
/USDT, capturing the current market setup with a bullish perspective and detailed trade levels:
š $BTC /USDT ā Bullish Momentum Testing Key Zone
Bitcoin is cooling off after a strong rally but remains in a bullish structure. š¢
Currently trading at $100,873 (-2.61%), BTC is consolidating just above major support with 24h volume of 19,945 BTC and a massive $2.04B in USDT liquidity.
š¹ Trend: Bullish (Short-Term Correction)
š¹ Entry Zone: $100,300 ā $101,300
š¹ 24h Range:
ā¢ High: $103,776
ā¢ Low: $100,268
šÆ Target 1: $103,000
šÆ Target 2: $105,800
š” Stop Loss: $99,500
š Key Insight:
BTC is testing the $100K psychological support zone. If it holds and volume picks up, a push back toward $103K+ is likely. A daily close above $101,500 would strengthen bullish momentum.