$BTC Pullback or Pre-Breakout Setup?
BTC is trading at $103,754, facing rejection near the $104K resistance zone. Momentum cooled off after a strong pump — now hovering near a critical short-term level.
Key Levels to Watch:
• Resistance: $104,000 – A breakout may send price toward $105,000 and $106,150.
• Support: $103,500 – A breakdown below this could target $103,000 and $102,345.
Trade Setup:
• Bullish Entry: Above $104,000
TP1: $105,000
TP2: $106,150
SL: Below $103,500
• Bearish Entry: Below $103,500
TP1: $103,000
TP2: $102,345
SL: Above $104,000
BTC is at a tipping point. Bulls need a clean breakout above $104K to reclaim control. If support fails at $103.5K, a deeper pullback is likely. Watch volume and follow the breakout candle!