$BTC

USDT – DEAD CAT BOUNCE OR RECOVERY IN PLAY?

🔻 FELL SHARPLY FROM $120,998

🟢 STRONG BUY WICK AT $116,812

Bitcoin faced heavy selling pressure after rejection near $121K, crashing to a 24h low of $116.8K. However, bulls stepped in at the key support zone, triggering a bounce. Price is now testing minor resistance at $118.4K. Eyes on whether it’s a relief rally or start of fresh leg up.

TRADE SETUP (RISKY REBOUND):

Long Entry: $118,050

Targets: $119,366 / $120,300

Stop Loss: $116,800

Momentum remains fragile — wait for candle confirmation above $118,500 for stronger upside. If BTC loses $116,800 again, next support sits near $115,000.

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