💥 $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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