🚨 $BTC – STABILIZATION OR DEAD CAT BOUNCE? ⚠️📉

$BTC is currently hovering at $104,765 after a sharp retrace from the local high of $110,718. The 4H chart shows a potential short-term base forming above $103,000, but with weak bullish candles and Parabolic SAR still trailing above price, upside momentum remains uncertain. Buyers need to reclaim $106K–$107.7K to confirm recovery — else further downside risk remains in play. 🧠

📊 Trade Setup (Cautious Long):

• Entry Zone: $104,200 – $104,800

• TP1: $106,000

• TP2: $107,734

• TP3: $109,417

• SL: $103,000

Wait for a strong bullish 4H close above resistance for conviction — otherwise, trade small and smart! 📉🛡️

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