BTC Trading in a Range.

Support & Resistance Levels:
R1: ~106,300
R2: ~109,000
R3: ~111,600
S1: ~102,800
S2: ~100,000

Bearish RSI Divergence
Price made higher highs earlier (around June 10-11).
RSI made lower highs, indicating bearish divergence.
Price Action
BTC bounced back from below S1 (~102,800) and is now hovering around R1 (~106,300).
If it breaks and sustains above R1, we could see a move toward R2 (109k).
However, failure at R1 can lead to a pullback to S1 or S2 levels.
Strategy Suggestions:
📌 If Bullish:
Wait for a clean breakout above R1 (~106,300) with volume.
Potential targets: R2 (109k) and R3 (111.6k).

📌 If Bearish:
If price fails to hold R1 and rejects, consider short opportunities.
Targets would be: S1 (102.8k) and S2 (100k).
Keep an eye on RSI — if it forms another divergence or crosses down the MA, bearish bias increases.

⚠️ Risk Factors:
BTC is still within a consolidation range between R1 and S1.

No clear breakout yet; be cautious with position sizing.

Watch for macroeconomic news/events, as they can spike volatility.