$BTC STRUGGLING NEAR $111K – WILL BUYERS STEP BACK IN?
BTC/USDT is trading at $110,857.15, holding a modest +3.64% daily gain. After peaking at $111,036, price has pulled back toward the $110,800 level. Volume is steady at 147.78M, but buyers must reclaim momentum soon to avoid deeper downside.
Key Levels to Watch
• Resistance: $111,036 – A breakout above this level could drive a rally toward $111,600 and $112,300.
• Support: $110,826 – A breakdown here may open downside toward $110,400 and $110,000.
Trade Setup – Consolidation Before the Next Move
Bullish Entry: A confirmed 15-min candle close above $111,036 could target:
• TP1: $111,600
• TP2: $112,300
Bearish Entry: A break below $110,826 may trigger:
• TP1: $110,400
• TP2: $110,000
Stop-Loss:
• Longs: Below $110,800
• Shorts: Above $111,050
