Price is currently consolidating just below the key #resistance at $107,240, struggling to break higher after a shallow breakout attempt. The previous close below structure followed by a sharp reclaim shows that bulls are active — but #momentum is weakening.
Now, all eyes on the $105,835 support zone. A decisive breakdown could trigger a deeper move toward the psychological $100,000 mark, with interim support near $100,718.
Bulls need to reclaim $107K+ with strength. Bears are watching for a clean close below $105.8K. High volatility ahead — stay sharp.