Technical analysis by miljedtothemoon about Symbol BTC on 11/10/2025

BTCUSDT.P is currently consolidating near the $106,300 area, showing potential for a short-term bearish retracement. A rejection from this zone could trigger a move lower toward the $105,440 support and the $104,300 profit level (short). However, a decisive breakout and close above $106,660 would invalidate the short setup and open the path for a continuation higher toward the $108,280 profit level (long).