BTC/USDT 1H: Bulls Gearing Up for $108.5K After Key Breakout!!

BTC/USDT 1H Chart Analysis
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Current Market Structure:

• Bullish momentum developing after recent consolidation at 104.2K.
  
• RSI: 58, indicating room for further upside without overbought conditions.
  
• Breakout Confirmation: Previous resistance broken with strong volume.
  

Smart Money Activity:

• Liquidity Hunt Completed: Market makers swept 102K level before reversal.
  
• Accumulation Phase Evident: Smart money positioning for markup phase.
  
• Institutional Buying Pressure: Clear demand visible in price action.
  

Key Levels:

• Entry Zone: 104.2K - 104.5K
  
• Targets:
  
• T1: 106.2K
  
• T2: 108.5K
  
• Stop Loss: Below 102.8K
  

Risk Score:

• 7/10 (Moderate risk, favorable risk/reward setup).
  

Market Maker Intent:

• Accumulation nearly complete, setting up for a liquidity move.
  
• No significant bearish divergences present on RSI.
  
• Break above 106.2K would confirm bullish continuation.
  

Recommendation:

• Long positions favorable within 104.2K - 104.5K range.
  
• Monitor volume confirmation for breakout strength.
  
• Maintain tight stops below 102.8K for risk management.
  
• Confidence Level: 8/10 for bullish continuation.
  

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