$BTC 1H Chart – Range Play Before Breakout 🔄
We’re clearly ranging inside a parallel channel from 107K to 109K
Price bounced from the channel bottom (107K zone) and now eyes mid-range test near 108.4K
Next $BTC Move – Potential Breakout Play:
• If bulls reclaim 108.4K, we may see a push toward the channel top at 109.6K
• A clean break above = quick sprint toward 110K zone 🔥
🧠 Still just range… until it’s not
This is a trader’s zone — scalp setups, short-term plays, but wait for breakout confirmation for higher conviction
🟩 Support: 107K
🟥 Resistance: 109.6K
⚠️ Fakeouts possible — stay sharp with tight stops inside the channel