$BTC USD – Trading Range in Descending Channel (4H)

Current Price: 106,944

Setup: BTC remains within the range of the descending channel. It recently bounced off the lower boundary of the channel, showing signs of strength towards the middle of the range. RSI is neutral, allowing for more upward movement before testing resistance.

RSI (4H): 57.69 – Neutral

Structure: Descending channel with strong support and resistance zones

🟢 Long Position Entry Idea (Bounce in Range):

Entry Zone: 106,800 – 107,000

🎯 Targets:

• TP1: 107,300

• TP2: 107,800