BTC/USDT Technical Analysis: Trading Levels and Targets 📊

Current Price: $104,875.47 (-2.09%)

$BTC

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 – 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.

🔹 Manage risk wisely and adjust stop loss accordingly.

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