🚀 $BTC – STRONG PUSH ABOVE $106K! Is This the Reversal Signal? 📈
$BTC has reclaimed the $106,000 level with a clean +0.74% intraday move, showing signs of strength after bottoming out at $103,068.55. On the 4H chart, the Parabolic SAR has flipped bullish, supporting the shift in momentum.
📊 Market Snapshot • Current Price: $106,058
• 24H High/Low: $106,500 / $103,659
• Volume: 13.9K BTC | $1.46B USDT
🔍 Technical Outlook • Parabolic SAR support now at $103,705
• Strong buying from the $104,000 zone
• Key resistance ahead at $107,734 and $109,417
🎯 Trade Setup (Short-Term Long) • Entry Zone: $105,800 – $106,100
• TP1: $107,700
• TP2: $109,400
• TP3: $111,000
• SL: Below $104,200
📈 Quick Take
Bitcoin may be gearing up for a trend reversal. If bulls hold above $105K and volume increases, this move could lead to a rally targeting $111K.