$BTC /USDT – Pullback Zone Active | Bounce or Breakdown?
Bitcoin is dipping into a key short-term support area, currently trading between $117,800 - $118,000. This is a potential bounce zone where bulls may re-enter if the structure holds.
🔹 Trade Setup:
Entry: $117,800 – $118,000
TP1: $118,700
TP2: $119,500
Stop Loss: Hold spot unless $117,500 breaks
🧠 Market Structure Insight:
BTC is testing the $117,500 support zone. A solid bounce here could trigger the next leg toward $119.5K. However, a clean break below $117,500 may shift momentum to the downside — trade cautiously.
