šØ $BTC /USDT ā RECOVERY IN MOTION, BUT CAN IT HOLD ABOVE $106K? š
Bitcoin dipped sharply to $104,600.50 and is now staging a cautious recovery to $106,068.36. The 1H chart shows signs of stabilizing, but the structure remains fragile below key resistance.
š Short-term trend: attempting a bottom but still inside correction
š Major resistance at $107,200 ā bulls must break this for upside
š Consolidation likely unless volume spikes
šÆ Trade Setup (Short-Term Bounce)
⢠Entry Zone: $105,800 ā $106,200
⢠TP1: $107,000
⢠TP2: $108,200
⢠SL: $104,400
Smart scalps possible ā but confirmation above $106.8K is needed for bullish conviction!
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