$BTC Consolidates Above 110K: A Launchpad or Trap?”

BTC has shown a strong defense near $110K after a steep pullback from $126K. Volume compression with flattening MA(10) signals accumulation. If bulls hold above 110K, a breakout retest toward 117K is likely.

Bias: 🔼 Long (Buy)

Entry Zone: 110,500 – 111,500

Stop-Loss: 108,900

Take-Profit Targets:

TP1: 113,800

TP2: 117,200

TP3: 122,000

Support: 109,600 / 106,000

Resistance: 113,800 / 117,000

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