As of now, Bitcoin (BTC) is trading at $106,088.61 with a modest +0.81% gain on the day. The 24-hour high stands at $106,500, while the low is $103,659.88, reflecting a tight but volatile trading range.
The Relative Strength Index (RSI) is currently at 48.89, placing it squarely in the neutral zone. This suggests that BTC could move in either direction — it's a moment of indecision where momentum hasn’t fully committed to either a breakout or a pullback.
Meanwhile, trading volume is strong, with 13,888 BTC exchanged against $1.46B USDT, indicating that despite the sideways price action, there is still healthy participation from both bulls and bears.
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🔍 Key Levels & Strategy
Breakout Zone: If BTC can break above $106,600 with a strong candle and a clear volume spike, we could see a quick push toward the short-term targets of $108,200 and $BTC
upport Zone: On the downside, $104,300 is acting as solid support — a zone where buyers have previously stepped in to defend.
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📌 My Strategy
I’m personally looking for a long entry only after confirmation of a breakout above $106,600. The breakout must be supported by a convincing candle close and a noticeable increase in volume to avoid fakeouts.
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💡 Pro Tip
BTC is currently in a decision zone — it’s tempting to jump in early, but this could lead to getting caught in a choppy range. Patience is key here. Wait for clear signals before committing to a trade.$$$BTC
