📉 $BTC /USDT Bounce or Breakdown? 🔍
#Bitcoin is retesting the $107,400–$107,800 demand zone after facing rejection near $109,700. A sharp wick from the bottom shows early buyer reaction but follow-through is key. Watch for a bullish engulfing above $108,000 to confirm strength. If price loses this zone, deeper support tests could follow fast.
📈 Trade Setup (LONG):
• Entry Zone: $107,600 – $107,900
• 🎯 TP1: $108,500
• 🎯 TP2: $109,200
• 🎯 TP3: $110,000
• 🛑 Stop Loss: $107,100
⚠️ Quick Tip: Stay agile. Volatility is high tight stops and quick reaction are key while Bitcoin decides its next move.