🔥⚡‼️⚡#Bitcoin Recovers After Sharp Dip to $116,812
Is This a Strong Rebound or Just a Dead Cat Bounce???🔥⚡‼️⚡
$BTC is showing a mild recovery, but upside momentum still faces resistance.
Trade Setup:
Support: 116,812
Resistance: 119,500
Entry Zone: 117,200–117,800
Targets:
Target 1: 118,800
Target 2: 119,300
Target 3: 120,500
Stop Loss: 116,700
Suggestion:
Buy on dips near 117,200 if BTC holds above 118,000.