$BTC USDT – BULLISH ATTEMPT AFTER STRONG REBOUND FROM $108K
KEY REBOUND FROM $108,096 SUPPORT
BULLISH CANDLE PRINTING ON 1H TIMEFRAME
$BTC is showing early signs of a recovery after a sharp dip to $108,096. The price has formed a bullish engulfing candle on the 1H chart and is attempting to reclaim the $108,750 zone. While the MACD still shows bearish momentum, the short-term price action hints at a possible reversal.
Trade Setup (Spot or Futures):
Entry: $108,600 – $108,800
Targets (TP): $109,200 / $109,600
Stop Loss (SL): $108,000
Leverage: 5x–10x (if Futures)
Margin: 2–3% of portfolio
Outlook:
If BTC sustains above $108,700, a push toward recent highs is likely. Confirmation on volume and MACD crossover would strengthen the bullish case.
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