#MarketPullback $BTC Trading at $104,135.50 – Consolidating After Decline

BTC is currently trading at $104,135.50, consolidating after a recent price drop. The price is around immediate support, and its ability to maintain this level will be crucial in determining whether a recovery is possible or if further decline is expected.

Key Levels:

Resistance: $104,260.00 (immediate, recent high), $104,400.00 (stronger)

Support: $104,135.50 (immediate, current price and recent low), $103,862.50 (24-hour low, stronger support)

Trading Setup - Anticipate Volatility!

Bullish Entry: A confirmed move above $104,260.00 may target:

Target 1: $104,400.00

Target 2: $104,600.00 (implicit, previous high)

Bearish Entry: A drop below $104,135.50 may target:

Target 1: $103,862.50 (24-hour low)

Target 2: $103,600.00 (implicit, next support)

BTC/USDT is at a critical moment. A decisive breakout above $104,260.00 may signal a recovery, while sustained declines below $104,135.50 could lead to a deeper retracement.