Price is hovering near $108,500 after a recovery from the recent dip. Bulls are testing the resistance zone near $109K, while bears could dominate on rejection. This is a perfect zone for both breakout and reversal setups!

🔵 LONG TRADE SETUP

Entry: $108,700 – $108,900

Targets:

TP1: $109,500

TP2: $110,400

TP3: $111,800

Stop Loss: $107,800

🔴 SHORT TRADE SETUP

Entry: $109,000 – $109,200 (on rejection)

Targets:

TP1: $108,100

TP2: $107,200

TP3: $106,000

Stop Loss: $109,900

Market Outlook:

BTC is at a decision point. A clean breakout above $109.2K may trigger a strong continuation. However, if rejected, the double-top structure could push price lower again.

Pro Tip:

Trade the reaction, not the prediction — breakout buyers should wait for strong confirmation; short sellers must guard against quick fake-outs