$BTC /USDT – Support Holds, Price Rebounds
Current Price: $118,035.32
The $116,500 – $117,000 support zone once again acted as a strong defense, halting the sharp drop and triggering a bounce. BTC has now recovered above $118,000, showing early signs of strength after the recent sell-off.
Next Levels to Watch:
Upside Resistance: $120,000 – $121,500
Support: $116,500
If buying momentum continues, BTC could push toward the resistance zone. However, a rejection near $120K–$121.5K could lead to another test of support at $116,500. Currently, the market is in a recovery phase, but volume confirmation will be key to sustaining the upside.