$BTC /USDT – Bulls Defend $110K Once Again! 🛡️
Bitcoin is showing signs of resilience as it rebounds from the $110,547 support zone. Despite a temporary dip from the $111,980 daily high, BTC has managed to stabilize near $110,800, holding above the critical short-term demand area. Volume remains high, suggesting active participation from both bulls and bears.
If BTC can flip $111,100 into support, a push back toward $111,500 and possibly retesting the $112,000 zone is likely. However, losing $110,500 again could invite further downside toward $109,800. Keep your eyes on volume and structure for the next breakout move.
Trade Setup 🎯
• Entry Zone: $110,800 – $111,000
• TP1: $111,500
• TP2: $111,980
• TP3: $112,500
• SL: $110,200
