$BTC Looking at your Binance $BTC /USDT 1-hour chart, here’s a quick analysis:
📊 Price Action & S/R Zones
Current Price: $105,450.92
24h High: $105,900 — this is acting as a local resistance zone.
Support Area: Around $104,650–$105,000, tested multiple times with wicks and bodies, indicating buyer presence.
Structure: After breaking above $105,000, BTC rallied to $105,900, then pulled back and is now consolidating just above the previous resistance (now potential support flip).
🔍 Volume & Moving Averages
Volume is declining, showing a possible pause or indecision phase.