$BTC
🟧 BTC /USDT — 1H Technical Breakdown
Current Price: $105,904.57
24H Change: +0.32% 📈
📈 Trend Summary:
BTC/USDT is showing slow and cautious recovery after finding short-term support at $102,664. While bulls are trying to regain momentum, price remains trapped under key moving averages and faces resistance near recent highs.
🔍 Moving Averages:
• MA 20: $105,379.80 — currently acting as near-term support.
• MA 50: $105,261.92 — just below price, testing bullish flip.
• MA 99: $105,651.48 — acting as overhead resistance for now.
🧠 Key Observations:
• Price is consolidating just above MA20 and MA50 while facing friction at MA99.
• Volume remains muted — bulls need stronger participation to break higher.
• Key upside resistance sits near $106,128.
🚩 TL;DR:
Trend: Mild recovery, but still neutral
Resistance Zones: $106,128 → $107,380
Support Zones: $105,260 → $104,500
Breakout Watch: Clean breakout above $106,128 may trigger stronger upside momentum.
💡 Recommendations / Suggestions:
• Watch for breakout above $106,128 for continuation.
• Safer entries may appear on dips toward $105,260 if support holds.
• Drop below $104,500 may shift short-term bias back to bearish.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Always trade responsibly and manage risk carefully.
#MetaplanetBTCPurchase
