$BTC /USD – STRONG INTRADAY REBOUND OFF $102K ZONE!
Bitcoin is bouncing hard from the $102,000 support zone after facing a sharp sell-off from the $106K high. The 15-minute chart shows a strong bullish engulfing structure forming, hinting at a potential short-term reversal. If the momentum holds above $103,700, BTC could retest the $104,750–$105,000 zone.
However, this move needs volume confirmation. If bulls maintain strength above $103.5K, intraday traders may eye quick scalps toward the mid $104K area. A rejection here could trigger another pullback — stay sharp for volatility.
Trade Setup: • Entry: $103,500–$103,750
• TP1: $104,250
• TP2: $104,900
• TP3: $105,500
• SL: $102,800