$BTC just triggered a long liquidation of $49.314K at $109,830.23. This correction is healthy, as it helps the market clear weak hands and resets momentum for a stronger upward move. Pullbacks like this are necessary to build sustainable strength and reduce overextension.

Trade Setup:

Entry Zone: $109,500 – $110,000

Target 1 (TG1): $111,500

Target 2 (TG2): $113,000

Stop Loss: $108,800

I’m watching this zone closely because $109,500–$110,000 has historically acted as a strong support area, aligned with previous reaction points and the 0.382 Fibonacci retracement of the last swing high. This level has proven reliable during prior corrections, showing buyers are ready to step in.