🚨 $BTC /USDT Technical Analysis 🚨
Current Price: $105,786.41
🕒 4H Chart Analysis
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📊 Market Overview:
24h High: $107,793.07
24h Low: $102,621.50
1-Day Change: -1.21%
Trend: Strong uptrend 📈 but facing resistance near $108,000.
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🔵 Long Trade Setup (Bullish Bias):
Entry Level: $106,000 - $106,200 (Confirmation above current resistance)
Target 1: $108,000
Target 2: $110,000
Stop-Loss: $104,800
⏳ Ideal for traders looking to ride the continuation of the trend.
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🔴 Short Trade Setup (Bearish Bias):
Entry Level: $105,500 - $105,300 (Rejection confirmation)
Target 1: $103,800
Target 2: $102,500
Stop-Loss: $107,000
⏳ For traders expecting a correction or pullback from recent highs.
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📈 Key Observations:
BTC recently hit $107,793 but is seeing slight selling pressure.
Maintaining above $106,000 is critical for further upward movement.
A break below $105,300 could lead to a short-term correction.
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💡 Trade Smart:
Secure profits at the targets.
Use proper risk management and trailing stop-loss.
Watch for volume confirmation at key levels.
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🔗 Next Potential Targets:
🚀 Upside: $110,000 | 📉 Downside: $102,000
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