$BTC

$BTC /USDT Technical Analysis and trading signal 🚀 🚀 🚀 🚀

BTC

97,616.64

+0.03%

Current Price: $106,988.51 (+3.79%)

24h Range: $102,621.50 - $107,195.58

Volume (24h): 38,007.30 BTC ($3.99B)

Key Indicators Analysis

SAR (Stop and Reverse): $106,529.79 (Bullish momentum as price is above SAR).

Resistance Levels:

R1: $107,200 (Recent 24h high).

R2: $108,500 (Key psychological level).

R3: $110,000 (Major breakout point).

Support Levels:

S1: $106,000 (First support near SAR).

S2: $104,500 (Midway retracement).

S3: $102,600 (24h low).

Momentum:

Bitcoin is displaying strong upward momentum with a 3.79% gain. The breakout above $107,000 indicates bullish strength. However, trading volume suggests caution at resistance levels.

Trade Signal 🎯

Entry: $107,000 (upon breakout confirmation)

Targets:

🎯 Target 1: $108,000

🎯 Target 2: $109,500

🎯 Target 3: $111,000

Stop-Loss: $105,500 (to limit downside risk).

Trade Momentum: Bullish 🟢

Look for consolidation above $107,000 or a pullback to $106,000 as a re-entry opportunity. Monitor volume for breakout confirmation beyond $108,500.

#BinanceAirdropsCATandPENGU #BTCNewATH #VANAOpening

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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