$BTC rebounds strongly from its lowest level during the day

Strong rejection of the wick at $106,755

A bullish candle forms after consolidation

Needs to break above $107,800 for confirmation

Strongly held at support of $106,755 and rebounded on high trading volume, which prints a potential reversal signal.

Buyers are regaining control in the short term, and recovering $108K may open the door for further upside.

🟢 Long Trade Setup:

Entry Zone: $107,600 – $107,800

Take Profit (TP): $108,500

Stop Loss (SL): $107,100

Market Outlook:

Bitcoin shows early signs of recovery.

Continuous buying above $107,800 may lead to a new push towards recent highs.

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