$BTC $BTC /USDT

Analysis and Trade Strategy 🔰🔰🔰🔰

$BTC /USDT is currently trading at 104,015.88 USDT, reflecting a 1.46% increase over the past 24 hours, with price action consolidating between the 24-hour high of 104,466.01 and low of 101,383.07. The significant 24-hour USDT trading volume of 2.01 billion highlights strong market participation, while the narrow price range suggests a potential breakout. Immediate resistance is observed at 104,400–104,800, aligned with recent highs, while critical support levels cluster near 103,200–102,300. The asset’s proximity to its 24-hour high, combined with elevated volume, indicates bullish momentum, though caution is warranted given the compressed volatility and potential for a retracement to test lower support zones.

A decisive breakout above 104,466.01 serves as an entry signal, targeting a 5% upside to 109,200.00. For conservative entries, a pullback to 103,200–103,600 with bullish reversal confirmation offers a risk-optimized opportunity. A stop loss at 101,900.00, placed below the 102,300 support level, limits downside exposure.