$BTC /USDT – LONG TRADE ALERT: STRONG REBOUND OFF SUPPORT
Entry: $105,561
Targets:
• Target 1: $105,800
• Target 2: $106,000
• Target 3: $106,500
Stop-Loss: $105,000
Trade Setup & Analysis:
Bitcoin has reclaimed the critical $105,500 support level, showing signs of strength with notable buy-side interest in the $105,500–$105,700 range. Price is consolidating above this zone, suggesting that early buyers are stepping in while selling pressure fades.
Immediate resistance lies near $106,500. A breakout above $106,400 could fuel a bullish continuation and trigger rapid upside momentum. The current structure favors further gains, particularly if BTC closes above $106,200 on lower timeframes.
Risk Management Tip:
Once the first target is hit, consider moving your stop-loss to breakeven to lock in gains while keeping exposure for additional upside.