$BTC

Based on the 4-hour BTC/USDT chart from Binance you've shared, here's a quick technical overview for identifying support and resistance levels:

Resistance Levels:

1. 110,700 USDT – This is a recent peak, showing strong selling pressure at this level.

2. 110,350 USDT – The 24h high, also aligns with previous rejection, confirming short-term resistance.

Support Levels:

1. 106,646 USDT – The current horizontal price level being tested; it may act as temporary support.

2. 104,359 USDT – A previous local low and consolidation zone.

3. 100,305 USDT – A significant bounce point in the past, making it a major support level.