BTC/USDT Technical Analysis: Trading Levels and Targets š
Current Price: $104,875.47 (-2.09%)
Key Trading Levels
Buy Targets:
1. $103,500
2. $102,800
3. $101,600
Sell Targets:
1. $106,000
2. $107,200
3. $108,000
Stop Loss: $100,800
Take Profit: $108,000
Support & Resistance Zones
Resistance Levels: $106,000, $107,200, $108,000
Support Levels: $103,500, $102,800, $101,600
Technical Indicators
Average Price: $104,875
RSI: 48 (Neutral)
MACD: Bearish crossover indicating downward pressure
Market Sentiment
Volume Analysis: 24h Volume ā 35,018.61 BTC (Moderate)
Price Action: Consolidation near $104,800; potential for volatility
Depth Info
Order Book Depth: Buyers around $103,500; Sellers clustered near $106,000
Trade Setup & Strategy
Bullish Scenario: If BTC breaks $106,000, aim for $107,200 and $108,000.
Bearish Scenario: If BTC falls below $103,500, expect $102,800 or $101,600.
š¹ Manage risk wisely and adjust stop loss accordingly.
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