📊 $BTC /USDT – Bullish Reversal in Progress!
Current Price: $108,169
Timeframe: 15M
🔍 Chart Analysis:
Bitcoin is showing signs of strength on the 15-minute chart after a temporary correction. The price bounced sharply from the $107,600 support zone, forming a higher low—indicating early bullish momentum.
📈 Key Support Zone:
$107,600 – Strong bounce area
$107,200 – Major support (demand zone)
📉 Resistance Levels:
$108,300 – Immediate resistance (previous rejection zone)
$108,500 – Key breakout level for further upside continuation
🎯 Entry Strategy:
Ideal entry on a pullback towards $108,000–$107,950 zone
Confirmation needed with strong bullish candle near support
✅ Targets:
TP1: $108,300
TP2: $108,500
TP3: $108,800 (if breakout sustains)
❌ Stop Loss:
Below $107,600 to protect from deeper retracement
💡 Pro Tip:
Wait for a retest of $108,000 zone and bullish confirmation on volume before entry. Watch for candle rejections or wicks near resistance for exit planning.
🚀 If BTC breaks above $108,500 with volume, a rapid move toward $109K could follow!
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