🚨 $BTC /USDC Bounce or Bull Trap? Watch This Key Level

Bitcoin $BTC rebounded from a sharp dip to $107,279.48 and is now testing the MA(99) at $108,060.04 on the 1H chart. The price is currently caught between moving averages, showing early signs of a short-term recovery — but resistance at $108,486.68 (MA25) could stall momentum.

šŸ”” Trade Setup:

Entry: $108,000 – $108,200

TP1: $108,560

TP2: $109,288

Stop Loss: $107,200

Watch closely — if BTC breaks and holds above MA(25), we could see upside continuation. Otherwise, bulls might face rejection.

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$BTC