$BTC /USDT

BTC/USDT Trade Setup

Current Price: $103,301.99

24h Change: -0.90%

24h Range: $102,345.00 – $106,524.65

24h Volume:

BTC: 15,494.30

USDT: $1.62B

Key Technical Levels

Resistance:

$103,975 (minor)

$105,814

$106,524 – $106,733 (strong supply zone)

Support:

$103,000 – $102,345 (local demand zone)

$102,136 (breakdown risk below this)

Trade Ideas

✅ Range Rebound (Short-Term Long):

Entry: $102,500 – $103,000

Stop Loss: $101,900

Target 1: $104,800

Target 2: $106,000

✅ Breakout Long:

Entry: Above $106,600 (strong breakout)

Stop Loss: $105,200

Target 1: $108,500

Target 2: $110,000

✅ Breakdown Short:

Entry: Below $102,000

Stop Loss: $103,200

Target 1: $100,000

Target 2: $98,500

Indicators to Watch

MACD: Look for bullish crossover at support for long entries

RSI: Near 40–45 suggests possible short-term rebound

Bollinger Bands: Squeeze near $103k might indicate breakout direction

Summary

Bias: Neutral–Bullish while above $102k

Action: Buy dips near support, watch for breakout over $106.5k

Risk: Manage tightly — strong moves possible in either direction near current levels

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