$BTC /USDT

📊 BTC/USDT Trade Setup – Range Play / Breakout Potential

Current Price: $108,046 (-0.63%)

24h High: $109,700

24h Low: $107,513

Volume (24h):

BTC: 10,253.80 BTC

USDT: $1.11B

🔍 Market Analysis

BTC is consolidating in a $107.5K – $109.7K range.

Currently sitting slightly above mid-range support ($107.5K).

Recent volatility with high volume = good opportunity for range traders and scalpers.

📈 Bullish Setup – Range Bounce or Breakout

Scenario 1 – Support Bounce (Range Play):

Entry: $107,500–$107,800 (upon bullish confirmation on 15m–1h candle)

Stop Loss: $107,100

Targets:

🎯 Target 1: $108,800

🎯 Target 2: $109,700

🎯 Target 3: $110,500 (extension if breakout holds)

Scenario 2 – Breakout Above $109,700:

Entry: $109,800–$110,100 (on breakout with volume)

Stop Loss: $108,800

Targets:

🎯 Target 1: $111,500

🎯 Target 2: $113,000

✅ Ideal confirmation: 1H candle close above $109.7K with strong RSI and volume.

📉 Bearish Setup – Rejection at Resistance

Scenario – Short From $109,000–$109,700 (if rejected):

Entry: $109,000–$109,300 (after bearish candle or rejection wick)

Stop Loss: $109,800

Targets:

🎯 Target 1: $108,000

🎯 Target 2: $107,500

🎯 Target 3: $106,800

🔑 Key Levels

LevelType$109,70024h High / Key Resistance$108,800Pre-breakout zone$108,000Pivot Support$107,50024h Low / Range Support$106,800Next Major Support

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