$BTC

$BTC/USDT – Short-Term Technical Analysis

📍 Current Price: ~$105,100

📈 Trend: Moderate bullish

📐 Structure: Consolidation above key support, possible ongoing bullish continuation

🔍 Important Technical Levels

🟢 Immediate Resistance: $106,000

🟣 Major Resistance: $108,200 – $108,500

🔵 Immediate Support: $104,500

🔴 Key Support: $103,000 – $102,700

📊 Technical Indicators (1H Chart)

✅ RSI: 60 – bullish zone without overbought

✅ MACD: Bullish crossover signal

✅ EMAs: 20 EMA above 50 EMA

📉 Volume: Needs confirmation in case of breakout

📌 Possible Entry Strategies

🐂 Long on confirmed breakout

📥 Entry: Strong close above $106,200

🎯 TP1: $108,000 / 🎯 TP2: $110,000

⛔ SL: $104,400

🐂 Buy on pullback

📥 Entry: $104,500 – $103,800

🕯️ Wait for hammer or engulfing candle

🎯 TP1: $106,000 / 🎯 TP2: $107,800

⛔ SL: $102,800

🐻 Sell on bearish breakout

📥 Entry: Clear close below $102,800

🎯 TP1: $100,200 / 🎯 TP2: $98,900

⛔ SL: $104,000

⚠️ Final Advice:

Stay alert to macroeconomic news that may affect BTC volatility, such as Fed statements or CPI data. If BTC turns $106K into support, the rally could accelerate. 🚀