Bit_Guru
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Bullish
$BTC /USDT – Bulls Holding the Line at $106K!
Bitcoin is stabilizing above the $106,000 mark after a volatile session. Buyers are defending this level with moderate strength, and the price is attempting a minor recovery on the 15-min chart. With support holding near $106,000 and RSI indicating a slight upward shift, momentum could build for a retest of $107,600 and higher.
If bulls maintain pressure, a move toward $108K is likely. However, failure to hold $106K could invalidate the setup. Watch for a breakout above $106,669 to confirm a bullish continuation pattern on low timeframes.
Trade Setup:
• Entry: $106,660
• TP1: $107,200
• TP2: $107,600
• TP3: $107,999
• SL: $106,077
#BitcoinAnalysis #BTCUSDT #CryptoTrading #BinanceTraders #ScalpSetup
Bitcoin is stabilizing above the $106,000 mark after a volatile session. Buyers are defending this level with moderate strength, and the price is attempting a minor recovery on the 15-min chart. With support holding near $106,000 and RSI indicating a slight upward shift, momentum could build for a retest of $107,600 and higher.
If bulls maintain pressure, a move toward $108K is likely. However, failure to hold $106K could invalidate the setup. Watch for a breakout above $106,669 to confirm a bullish continuation pattern on low timeframes.
Trade Setup:
• Entry: $106,660
• TP1: $107,200
• TP2: $107,600
• TP3: $107,999
• SL: $106,077
#BitcoinAnalysis #BTCUSDT #CryptoTrading #BinanceTraders #ScalpSetup
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