$BTC Price Action at $109,472.10 – Crucial Levels Ahead
BTC is currently trading at $109,472.10, showing a significant recent volatility with a sharp drop followed by a rebound. The market is now at a critical juncture, and its ability to hold current levels will dictate the next directional move.
Key Levels:
Resistance: $109,600 (immediate), $109,800 (stronger)
Support: $109,400 (immediate), $109,200 (stronger)
Trade Setup - Anticipate High Volatility!
Bullish Entry: A confirmed move above $109,600 could target:
Target 1: $109,800
Target 2: $110,000
Bearish Entry: A break below $109,400 could target:
Target 1: $109,200
Target 2: $109,000 (implied)
BTC/USDT is poised for a significant move. A clear break above $109,600 signals potential upside, while a slip below $109,400 could lead to further declines. Exercise extreme caution.