🚀 $BTC /USDT BOUNCE TRADE SIGNAL – STRONG REJECTION TURNED SUPPORT!
Bitcoin just retested the demand zone near $105,400 and held firm, indicating a bullish structure continuation. After rejecting multiple downside attempts, $BTC is showing signs of buyer strength returning with a possible push toward $109K+.
Trade Setup (LONG):
Entry Price: $105,441 – $105,593
Target 1: $108,526
Target 2: $109,912
Stop Loss: $103,786
Why Long?
Price wicked below support and was quickly bought up, confirming a bullish engulfing structure on the lower timeframes. Holding the $105,400–$105,600 zone gives bulls the upper hand, and volume buildup hints at a strong breakout continuation toward the next resistance. The RR setup favors the bulls with low downside risk and high reward potential.
Risk Management Tip:
Trail your stop to breakeven once above $107K. Avoid overleveraging and watch for 1H candle confirmations at resistance zones.
Buy and Trade here on $BTC
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