$BTC Bitcoin is currently holding strong above a key support level around $109,500, with bulls stepping in swiftly after a sharp dip and recovery. This classic retest of structure could pave the way for a fresh bullish move if momentum picks up!
š Long Trade Setup
Entry Zone: $109,540 ā $109,560
Take Profit 1: $110,054
Take Profit 2: $110,240
Stop Loss: $109,195
Price action is consolidating just above the reclaimed structure (black line), signaling a potential bounce. A decisive green candle close above $109,600 could confirm the bullish reversal.
š Key Notes:
Watch for volume spikes to validate the move.
Always apply smar
t risk management.
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