💥 BTC trading ~$111,244 on Binance Futures right now.
🔹 Key Levels
• Support: $108,000 – $108,500
• Resistance: $112,000 – $114,000  
🔹 Momentum & Market Drivers
• Funding rate hovering around ~0.01%, signaling moderate tilt toward longs—balanced, not overheated ().
• A breakout above $114k could trigger a 25% rally toward ~$140k, per Rosenberg Research .
• Price is consolidating near highs, with reduced volatility—setting up for a potential breakout or pullback .
⸻
🔥 Quick Trade Plan
• Go Long on breakout above $112k–114k, targeting $130k–140k.
• Short Scalp if BTC fails to close above $112k and drops below support—watch for quick pullback to $108k.
• Tight Stops: Use $108k as essential support; if going long, stop-loss just under that level to lock in risk.
🔐 Funding data shows slight bullish sentiment (~0.01%), but not overheated—favorable for leveraged positions with proper risk.
⸻