#BTC
### BTC/USDT Technical Analysis
#### **Support & Resistance Levels**
- **Strong Support**: $105,100 (24h low)
- **Immediate Support**: $106,200 (aligned with 7.10% buy wall)
- **Immediate Resistance**: $106,500 (4.21% sell wall)
- **Strong Resistance**: $107,180 (24h high)
#### **Expected Price Rotation**
- **Core Range**: $106,200 – $106,500 (intraday consolidation)
- **Expanded Range**:
- *Bullish Breakout*: $106,500 → $107,180 if volume surges.
- *Bearish Breakdown*: $106,200 → $105,100 if selling pressure intensifies.
- **Volatility Trigger**: Neutral RSI (14/24 near 50) suggests range-bound action. Breakouts require volume confirmation.
#### **Entry/Exit Strategy**
1. **Long Entry**:
- *Zone*: $106,200 – $106,250
- *Stop Loss*: $105,900 (below immediate support)
- *Target*: $107,000 – $107,180 (scaled exit)
2. **Short Entry**:
- *Zone*: $106,450 – $106,500 (rejection at resistance)
- *Stop Loss*: $106,700 (above resistance)
- *Target*: $105,800 – $105,100
3. **Exit Guidance**:
- *Profit-Taking*:
- Longs: $107,000 (partial) → $107,180 (full).
- Shorts: $105,800 (partial) → $105,100 (full).
- *Emergency Exit*: Break below $105,900 (longs) or above $106,700 (shorts).
#### **Key Indicators**
- **RSI**:
- RSI-6 (41.13): Short-term bearish pressure.
- RSI-14 (49.49) & RSI-24 (50.70): Neutral, no dominant trend.
- **Volume**: $1.18B 24h volume – wait for spikes to confirm breakouts.
### **Final Summary**
- **Today’s Action**: Consolidation between **$106,200 – $106,500**. Trade range edges with tight stops.
- **Breakout Play**:
- *Above $106,500*: Target $107,180 (stop: $106,300).
- *Below $106,200*: Target $105,100 (stop: $106,400).
- **Risk Note**: Low RSI-6 hints at bearish risks; prioritize stop losses. Neutral mid-term RSI favors range tactics over trend bets.
> Monitor depth chart liquidity shifts for breakout validation.