$BTC 📊 Technical Outlook: Can $106K Hold or Is a Break Below Coming?**
Bitcoin is currently consolidating just under the $106,000–$106,300 zone, a key resistance area highlighted by multiple EMA bands and the Ichimoku cloud .
**Key levels to watch:** – 📈 Resistance: $105.8k–$106.3k — a major supply zone – 🛡️ Support: $103.1k–$104.2k — demand zone from recent trading action
**What this means:**
A breakout above $106.3k with volume could target **$110k+**
Failure to breach may lead to a drop toward $103k–$104k
🔎 Technicals suggest caution — the Stochastic RSI is near overbought, and Bollinger Bands are tightening .
👉 Share your view: Are you expecting a breakout or a deeper retrace?
Watching WCT/USDT as it consolidates above support near $0.59–$0.60 on Binance.
🎯 Potential entry zone: $0.59–$0.60 🛡️ Stop‑loss: slightly under recent support (~$0.57) 🚀 Target: retest highs near $0.75–$0.95 if momentum returns
Indicators show rising volume and bullish structure forming.
🔗 Chart & Market Data: TradingView WCT/USDT https://www.tradingview.com/symbols/BINANCE:WCTUSDT/ 👉 What’s your take on entering here—solid long or wait for confirmation?
USDT (Tether) is a stablecoin that’s pegged 1:1 to the US Dollar. That means 1 USDT ≈ $1 — always.
🔒 Why traders use it: – Easy to exit volatile trades – Used for earning interest via staking or DeFi – Fast, cheap transfers across exchanges & wallets
⚠️ Reminder: It’s stable, but still centralized — always do your research.
Ethereum’s price has bounced off a key support level at $3,400, and we might be seeing early signs of a bullish breakout. With whale accumulation rising and ETF buzz continuing, I’m staying long for now.