Hi binancians,

Bitcoin is currently trading around $108,864, down 0.78% over the last 24 hours. On the 30-min chart. It showed a strong upward move from $105,220 to a peak of $111,980, followed by a corrective pullback.

Key Observations:

Support levels: $107,795 and $106,328

Resistance levels: $109,282 and $110,789

Price Action: After touching $111,980, BTC corrected sharply, finding support near $106,800. It’s now attempting to reclaim $109,000.

Possible Scenarios:

If BTC breaks above $109,282 with volume, we may revisit $110,700+

Failure to hold \$107,795 could drag it back to $106,300 or lower.

Trading Tip: Watch for volume spikes and candle confirmations around $109K. A breakout trade may offer a good short-term entry.

What’s your move?

Will BTC break above \$109K or test support again?$BTC

Drop your thoughts in the comments!

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