$BTC BTC/USDT Technical Analysis - 12-Hour Chart

Current Price: $112,270 | 24h Change: -2.57% ▼

Key Technical Levels:

· 🔴 Strong Resistance Zone: $115,000 - $117,500

· This is the primary sell zone. Any approach here against the current bearish trend is likely to face strong selling pressure.

· 🟢 Major Support Zone: $105,000 - $107,500

· This is a critical demand zone. Watch for a potential bullish reaction as price tests this area.

Next 12-24 Hour Outlook:

The market structure on the 12-hour chart is bearish. The path of least resistance is currently down, suggesting a high probability of a further move toward the key support zone between $105,000 and $107,500.

· Bullish Scenario: A strong bullish rejection (e.g., a long wick, hammer candle, or sharp bounce) precisely from the $105k–$107.5k support would signal a potential local bottom and a buying opportunity.

· Bearish Scenario: A decisive break and daily close below $105,000 could accelerate selling momentum, opening the door for a deeper correction toward next major support levels.

Reversal Signal:

A sustained break and hold above the $115,000 resistance level would be the first strong signal that the bearish momentum is invalidated and that a shift in market sentiment may be underway.

Disclaimer: This is not financial advice. Always conduct your own research.

Trade Smart. Use Stop-Losses.

#BTC #Bitcoin #Trading #Crypto #TechnicalAnalysis