$BTC
USDT – BOUNCE ZONE OR BREAKDOWN RISK?
NEARING CRITICAL DEMAND ZONE.
BULLS DEFENDING $116K WITH LOW TIMEFRAME BUYBACKS.
After a sharp drop from $123,218, $BTCUSDT found temporary footing at $116,250. Price is consolidating in a tight range between $116,250–$117,500 — a known demand block.
TRADE SETUP
Long Entry: $117,000
Targets (TP): $118,950 / $120,500
Stop Loss (SL): $115,800
A confirmed break below $116,250 may trigger further downside. However, holding above this zone could invite a relief rally toward the $120K mark.
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