$BTC Rebound Attempt Longs Still Hurting!
🚨 $BTC liquidations Update:
After a brutal 24h shakeout with $48.8M in long liquidations (76.48%) vs. $15M in shorts (23.52%), BTC dipped to $106.7K but bounced to $107.1K still down 0.57%. RSI hints at a recovery, but volatility looms. Can bulls hold on?
🔍 Key Levels:
• Support: $106.7K–$106K (whales may defend this zone).
• Resistance: $108K (bulls need to break this for momentum).
• Volume: 17.339 BTC ($1.88B) shows steady but cautious action.
Pro Move: Scalp shorts if $107K fails (target $106K, stop $108K), or buy the dip at $106K with a stop-loss at $105K. Manage risk tightly volatility is high!