$BTC

USDT BULLISH REVERSAL – BUYERS READY TO STRIKE BACK

🔹 Current Price: $107,781

Bitcoin is showing a strong bullish reversal signal from its lower support zone after rejecting the key demand area around $107,470 – $107,716. Price is forming a potential double bottom pattern indicating a possible upward momentum.

🔹 Key Levels:

Support: $107,470 – $107,716

Resistance: $108,400 (minor), $109,420 – $109,810 (major target resistance zone)

📈 Trade Setup (Long Entry):

Entry: $107,700 – $107,800

Take Profit (TP):

TP1: $108,400

TP2: $109,420

TP3: $109,810

Stop Loss (SL): $107,408 (below recent rejection wick)

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🌐 Market Outlook:

Bitcoin is holding strong above its previous low, indicating bulls are defending this zone aggressively. If buyers sustain above $108,000, a rally towards $109,400+ is likely.

⚠️ Risk Management:

Always use strict SL to protect capital, risk only 1-2% per trade, and trail stops as price moves in your favour to lock in profits.

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