$BTC /USDT LONG TRADE SIGNAL – STRONG SUPPORT REBOUND IN PLAY
Entry Price: $105,561
Target 1: $105,800
Target 2: $106,000
Target 3: $106,500
Stop Loss: $105,000
Trade Rationale:
#Bitcoin is showing signs of strength after reclaiming the $105,500 support level, with visible buy orders accumulating in the $105,500–$105,700 zone. Price action has been consolidating above this region, and early buyers are stepping in as sell pressure begins to weaken.
The presence of immediate resistance around $106,500 and stacked support beneath suggests potential for a bounce toward higher targets. A breakout above $106,400 could trigger accelerated upside momentum. The current structure is hinting at a bullish continuation pattern, especially if BTC closes above $106,200 on short-term timeframes.
Risk Management Note:
Consider adjusting the stop-loss to breakeven once the first target is achieved. This approach helps protect gains while allowing room for further upside.
Buy and Trade here on $BTC