$BTC
✅ Recommended strategy:
📉 1. Short entry (if it breaks 106,600):
• If the price falls below 106,600 with volume, a good short opportunity opens towards the 106,000 area or even 105,500.
• Suggested SL: 107,500
• Suggested TP: 106,100 – 105,800
📈 2. Long entry (only if it strongly bounces at 106,600–106,300):
• If the price forms a clear bullish candle or reversal pattern at that support, you can enter long towards 108,000.
• Suggested SL: 106,200
• Suggested TP: 107,800 – 108,300
🚫 3. DO NOT enter now (high risk of getting trapped in a range):
• The price is right in the middle of a zone of indecision → entering now would be speculative without confirmation.
• Better to wait for a support break or a clear confirmation of a bounce.
⸻
🧭 Conclusion:
Wait for confirmation: if it breaks 106,600, enter short.
If you see a strong bounce from that area with volume, consider long.
Do not trade without clarity: it is sideways and can still shake both sides.