tg-me.com/SmartViewAI/3713
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π BTC/USDT β 4H Chart Update (Binance)
Bitcoin is currently consolidating just below a major supply zone near $110.2Kβ$110.9K, after a strong breakout above the $108.9K resistance, which is now acting as support.
This push was backed by a solid volume spike, suggesting strong demand after reclaiming structure.
π§± Key Levels:
Immediate Resistance (Supply Zone): $110.2K β $110.9K
Support: $108.9K (recent breakout level)
Lower Demand Zone: $106.2K β $107.2K
Next Breakout Target: $111.9K+ (ATH breakout continuation zone)
π Structure Insights:
Clean bullish momentum with higher highs and higher lows
Price is consolidating inside the upper range
Volume is tapering slightly β Breakout likely after short consolidation
π Bias: Bullish above $108.9K
π Watch for fakeouts in the $110.2K zone β breakout with volume = continuation to ATH levels.
BY Free Crypto Signals - SmartViewAi.com

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