๐ $BTC UPDATE: Resistance and Reversal Signals
$BTC is at a critical juncture:
๐น Facing strong resistance at $110,000, with a recent rejection causing a drop to $108,600.
๐น Current price: $109,003, testing support at $108,500.
๐ Key Levels:
โ Support Zone: $108,000 โ $108,500
โก๏ธ A breach here could trigger a deeper correction.
โ Resistance: $110,000
โก๏ธ A break above this level could signal a run toward new highs.
๐ข LONG Trade Setup:
โข Entry: $108,700 โ $109,200
โข ๐ฏ Targets: $109,700 | $110,200 | $111,000
โข ๐ซ Stop Loss: $108,700
๐ฎ Whatโs Next?
๐ข Bullish: Holding above $108,500 and breaking above $110,000 could continue the uptrend.
๐ด Bearish: A breach below $108,500 could open further downside.
๐ฅณ Pro Tip: Watch for a clean 15m close above $109,400 to confirm bullish continuation.
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