$BTC /USDT – LONG TRADE SIGNAL: EYEING $106,000+ UPSIDE

Entry Price: Around $105,500

Target 1: $106,200

Target 2: $107,000

Stop Loss: Below $103,300

Trade Idea:

#Bitcoin is currently trading at $105,516 after bouncing from its daily low of $103,371.02. With steady upward recovery and strong buyer presence near the $104k zone, BTC is setting up for a potential breakout toward $106k+.

Recent volume of over 16,000 BTC and $1.70B in USDT suggests healthy market participation. If bulls maintain momentum above the $105,000 mark, we could see a move toward the $106,200 resistance, with further upside to $107,000.

Key Zones to Watch:

Support: $103,300 – strong rebound area from earlier sessions

Resistance: $106,200 – $107,000 zone

Strategy Note:

Hold long positions above $105k as long as volume remains consistent. Break above $106,200 may accelerate buying pressure.

Risk Tip:

Secure gains at TP1 by adjusting stop-loss to entry level. Exit fully below $103,300 to manage downside.