Bitcoin
Long
Updated

BTC/USD – Technical Outlook (1H Chart)

297
BTC/USD – Technical Outlook (1H Chart)

💰 Current Price: ~$109,004

⏰ Timeframe: 1 Hour (H1)
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🔍 Key Market Zones

✅ Support Zones

1. Primary Support Area:

$108,110 – $108,332

Price has respected this zone multiple times with bullish rejection (marked with green arrows).

2. Major Support Zone:

$107,298 – $107,364

❌ Resistance Zones

1. Immediate Resistance:

$109,655

A key level that may see short-term selling pressure.

2. Next Resistance / Target Area:

$110,510

3. Major Target Zone:

$111,539

Upper boundary marked for potential bullish completion of the move.

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Trade closed: target reached
Target Done From $109,083 To $111,539 Congrats

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