$BTC

/USDT Technical Analysis

🚀 Bitcoin Eyes New Highs with Fresh Momentum!

Bitcoin is currently trading at $109,276.17 (+2.13%), bouncing strong from its recent low of $106,852.83. Price action remains bullish as it approaches key resistance near the $110K zone.

📥 Entry Zone: $108,800 – $109,300

🎯 Target 1: $110,500

🎯 Target 2: $112,000

🛡️ Stop Loss: $107,000

Trend: Bullish

Support Levels: $107,618 / $106,852

Resistance Levels: $109,730 / $110,500

📊 Indicators:

RSI shows upward momentum, no sign of overbought yet

MACD remains in bullish crossover

Volume healthy at $1.89B USDT

⚠️ Watch for breakout confirmation above $109,730 to fuel the next leg up.

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