🔥 $BTC /USDT – Pullback or Power Move? 🔥

Bitcoin faces heat after hitting $110,530, now retracing to the $107,500 range. The 4H chart shows a sharp rejection from the local top, but the price is holding above the MA(99) — a key level to watch for a potential reversal.

Is this just a healthy correction before the next leg up?

📉 Current Status:

Price: $107,508.77 (−2.06%)

Support zone: $106,000 – $106,200

Resistance: $108,200 – $109,970

📊 Trade Setup (Long Idea):

• Entry Zone: $107,200 – $106,500

• Take Profit 1: $108,800

• Take Profit 2: $110,000

• Stop Loss: $105,600

⏳ Wait for confirmation above MA(25) before going full throttle!

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$BTC