$BTC / USDT – Neutral/Long Trade Setup! 📈🔄

$BTC is trading at $105,256.00 (+0.05%), hovering around a key psychological level after some recent volatility. The 4H chart shows a battle between bulls and bears, with price consolidating after a significant move.

📉 Trade Setup:

• Entry Price: $105,000 – $105,500 (depending on breakout direction)

• Take Profit (TP): $106,500 (for long) / $104,000 (for short)

• Stop Loss (SL): $104,500 (for long) / $106,000 (for short)

📊 Market Outlook:

Bitcoin has shown resilience with a 0.44% gain today and a solid 23.63% gain over 30 days. However, the immediate 4-hour chart suggests indecision. The 24h volume for BTC is 22,756.81, indicating strong market interest. Price is currently navigating a range, and a clear break above $106,000 or below $105,000 will dictate the next move.

💡 Pro Tip:

Watch for a decisive breakout from the current range. If BTC decisively breaks above $106,000, a long setup could be viable. A break below $105,000 might signal a short-term bearish move. Tight stop losses are crucial due to potential volatility.

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#Bitcoin #CryptoSignals #NeutralSetup #RangeTrading #BinanceTraders