💥 $BTC /USDT Struggles Near $104K – Is the Correction Over or Just Starting? 🎯
Bitcoin $BTC is showing signs of weakness after dropping -3.17% to $104,371.20, with a 24h low of $102,664.31. With SAR flipping bearish and volume remaining high, BTC is testing key support zones that could define the next major move.
📊 Market Snapshot
Current Price: $104,371.20
24h High / Low: $108,450.16 / $102,664.31
24h Volume (BTC): 25,478.50
24h Volume (USDT): $2.69B
SAR (Trend Marker): $105,507.64 (Bearish bias confirmed)
Depth Strength: 1.14%
Recent Change from High: -5.78%
🧭 Trade Setup: Cautious Rebound or Breakdown?
Buy Zone: $102,700 – $104,200
Stop-Loss: $101,900 (Loss of key support opens risk to $99K range)
Strategy: Look for stabilization above $104K or confirmation of a higher low
🎯 Key Targets:
Target 1: $105,500
This is the SAR level — reclaiming it flips trend back bullish short-term.
First resistance to test.
Target 2: $107,800
Mid-range resistance between current level and daily high.
Needs rising volume for a breakout.
Target 3: $108,800
24h high and major resistance zone. A breakout here could trigger a run toward $112K.
Key level for bulls to reclaim dominance.
🔥 Momentum Insight:
SAR is Bearish: Trend bias currently downward
High Trading Volume: Still over 25K BTC traded in 24h
Support Testing: $102,600 was defended — watch if it holds again
📌 BTC is in a cooling phase after recent highs. Patience is key — breakout above $105.5K or breakdown below $102.6K will set the tone for the next move.
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