🟢 BTC/USDT Snapshot
Current Price: $104,734.60
Timeframe: 1-Hour (1h)
24h High: $105,073.53
24h Low: $103,929.27
Recent Low: $103,371.02
24h Volume: 7,171 BTC / 749.7M USDT
Volume MA(5): 252.35
Volume MA(10): 241.64
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🔍 1H Chart Insights:
Price action is currently ranging between ~$103.9K and $105.4K — a short-term consolidation zone.
Recent candles are printing higher lows, suggesting bullish momentum is building.
Volume has cooled off since the spike on June 18, showing hesitation from both sides.
Short-term moving averages are flattening out, hinting at potential for a breakout move.
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🧠 Swing Trade Idea:
1. Entry Point: Look for a breakout with a solid candle close above $105,100 backed by strong volume.
2. Stop-Loss: Place it just under recent support at ~$103,300.
3. Target: Next key resistance sits at $106,880 – $107,000.
4. Risk/Reward: Shoot for at least a 1:2 ratio (e.g., risking $1,500 to aim for $3,000+).
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⚠️ Key Considerations:
A breakdown below $103,300 would invalidate this setup and could lead to deeper downside.
Stay alert for macroeconomic news or market-moving events that could spike volatility.
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