$BTC /USDT – Potential Rebound Long Setup

Bitcoin is holding steady above the key support at $101,500 after a recent dip. Price action shows signs of exhaustion from sellers, with a possible bounce in play as bulls defend the 100K zone.

Trade Setup:

Entry Zone: $101,800 – $102,300

TP1: $103,200

TP2: $104,000

TP3: $105,500

SL: $100,800

Key Observations:

Strong support at $101,500

MA(7) and MA(25) closely aligned near $102,000 – possible consolidation base

24h volume remains strong above $1.5B, showing active interest

Bullish bias maintained unless $100K breaks

Pro Tip:

Look for a 1H candle close above $102,500 with good volume as confirmation of momentum shift. Avoid overleveraging – volatility remains high.

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