💥 $BTC /USDT – Intraday Volatility with Lower High Rejection
📍 Current Price: $108,460
📈 24h High: $109,216
📉 24h Low: $107,429
📊 Today’s Change: +0.45%
🔵 MA(20): $107,800 (approx)
📊 Chart Insight (1H):
• Rejection from ~$109,700, forming a lower high
• Candle just printed a sharp wick to the upside, followed by a red candle – sign of potential exhaustion
• Support found near the 20 MA line and volume is rising into this move
• Overall, price is ranging between $107.4K–$109.7K
🧠 Trade Setup Idea:
✅ Long Bias (Only if reclaim breakout):
• Entry: $108,800 (on strong break above last high)
• SL: $107,400
• TP1: $109,700
• TP2: $110,400
• TP3: $111,500
❌ Short Bias (If rejection confirms):
• Entry: $108,450–108,600 (retest failure of $109k zone)
• SL: $109,250
• TP1: $107,400
• TP2: $106,700
• TP3: $105,900
⚠️ DYOR – BTC is in a volatile spot, and a break above $109.7K or below $107.4K will likely define the next move. Manage your leverage and watch for volume confirmation.
📉 Will BTC reclaim $110K or reject again?
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