$BTC / Rebound from the demand zone ➡️ Pressing against resistance
Inverse candle on 15 minutes with strong follow-up⚡
It rebounded from the demand zone between $107,200 and $107,250 and has regained the daily structure.
The price is now pressing against resistance at $107,705, aiming for a breakout towards $108.4k.
Key levels:
• Support: $107,250
• Resistance: $108,400
• Breakout zone: $107,705
• Previous low: $107,178
📊 Trade setup:
• Entry point: $107,600 – $107,700
• Stop loss: $107,170
• Take profit:
1: $108,400
📈 Market outlook:
BTC shows bullish pressure from a respected support area. If the price breaks above $107,705 with high trading volume, momentum may accelerate towards the supply zone at $108.4k.