$BTC /USDT Trading Signal – Testing Key Resistance Levels 🚀
Bitcoin has climbed +4.50%, trading at $105,034.91, after reaching a 24-hour high of $105,865.22. The price is consolidating near its highs, indicating potential for further movement in either direction.
Long Signal:
Entry Range: $104,900 – $105,200
Target 1: $106,000
Target 2: $107,000
Stop Loss: $103,500
Short Signal:
Entry Range: $105,000 – $105,300
Target 1: $103,800
Target 2: $102,500
Stop Loss: $106,200
Market Insights:
$BTC is holding above its 7 EMA ($105,192.99) and 25 EMA ($104,599.68), signaling short-term bullish strength. A breakout above $105,865.22 could lead to testing higher levels at $106,000+, while a failure to maintain current levels might result in a pullback toward $103,800.
Stay vigilant for high volatility and manage risk effectively in this setup. 📊
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