$BTC
📈 Bitcoin ($BTC/USDT) – Support & Resistance Outlook
Bitcoin is currently trading around $108,723, holding strong despite macro pressure. The market remains range-bound, offering opportunities for both swing and breakout traders.
🟢 Key Support: $107,500 – A crucial demand zone where bulls have stepped in previously.
🔴 Major Resistance: $110,200 – A psychological level and recent rejection zone.
📊 Trade Strategy:
Entry: Near $108,500 on bounce
Target: $110,800
Stop-loss: $106,900
As long as BTC holds above $107,500, bullish structure remains intact. Keep a close watch for a breakout above $110K — it could ignite a strong upside rally!
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