šØ$BTC BTC/USDT ā Market Update šØ
š BTC Price: $103,494.60 (-3.01%)
24H High: $107,633.00
24H Low: $103,137.82
Market Analysis:
Bitcoin has tested its recent support zone near $103,137.82 and is currently trading close to it. A bounce from this level could indicate short-term relief, while a breakdown may push BTC further towards the psychological $102,877 mark.
š Key Levels to Watch:
Immediate Support: $103,137.82
Resistance Levels: $104,789.29 and $106,701.53
Next Target if Bullish: $107,633.00
š” Trading Insights:
If BTC holds above $103,137, short-term recovery towards $106,701 is possible.
Traders should watch for volume confirmation near support levels.
Stop-loss recommendation: Below $103,000 to minimize risk.