$BTC

Based on the 1-hour chart you've shared for Bitcoin (BTC/USDT) on Binance, as of August 5, 2025, 13:26 UTC, here's a clear breakdown of support and resistance levels:

🟩 Support Levels (1-hour timeframe)

1. $114,000 – Strong Intraday Support

Price bounced from this level multiple times.

Sharp wick rejections indicate buyers stepping in.

2. $113,600 – Secondary Support Zone

Marked by a recent long wick low with volume spike.

If broken, may lead to a quick drop to ~$113,200 or lower.

🟥 Resistance Levels

1. $115,300 – Strong Resistance

Clear horizontal resistance (marked by black line on chart).

Several candles tried and failed to close above this.

2. $115,600 – Wick High Resistance

Strong rejection wick formed here.

Only a breakout with volume could confirm upside.

🔄 Current Price Action Summary

BTC is trading at ~$114,136, just above key support.

The market structure shows lower highs, indicating selling pressure.

Price is stuck between support at $114K and resistance at $115.3K – a tight consolidation range.

Bullish bias: Watch for breakout above $115,300 with strong volume for a move toward $115,600+.

Bearish bias: A breakdown below $114,000 could open room for $113,600 → $113,200.

Let me know if you want this in a visual chart format with annotations, or if you want to combine this with indicators like RSI, MACD, or volume profile.