$BTC showing signs of recovery after a sharp dip to $100,372
š Now at $105,195.90 ā up +0.36% daily, rebounding from recent lows but facing resistance near $105,702
š„ 24h Vol: 7,591.41 BTC | Eyes on reclaiming $105,900
Technical Analysis:
Strong bounce from $100,372 support after heavy sell-off
Higher lows forming on the 4h chart, suggesting momentum shift
Volume surge on the recovery leg, indicating renewed buyer interest
Key resistance at $105,702 and $105,900; support at $104,807
Previous major support at $100,372 now a critical floor
Targets:
šÆ Short-term: $105,900 (~0.67% upside)
šÆ Medium-term: $107,115 (~1.8% upside)
šÆ Stop-loss: Below $104,807 (~0.37% downside)
Risk Assessment:
High volatility after recent sharp drop
Recovery underway, but watch for resistance at $105,900
Market sentiment improving but still fragile
Need confirmation above $105,900 for sustained upside
DYOR (Do Your Own Research)
Ready for the next move? DYOR
