$BTC Key Rebound Levels in Focus! 📈
#BITCOIN is trading at 119,147.25 (+0.14%) after bouncing from the day’s low of 118,050.11. Price recently faced strong rejection near 122,335.16, but the current recovery attempt indicates buyers are trying to regain control.
Key Levels
• Resistance: 120,500 – 122,300
• Support: 118,000 – 117,200
Trade Setup
• Entry Zone: 118,900 – 119,300
• Stop Loss: 117,800
🎯 TP1: 120,500
🎯 TP2: 121,800
🎯 TP3: 122,500
Market Insight
BTC’s current price action shows signs of stabilization after the recent sell-off. If the bulls can maintain price above 119K, momentum could build for a push toward the 120.5K resistance. A break and hold above 122K could open the way for a stronger bullish wave, while losing 118K may trigger another leg down.