🚨 Bitcoin Attempts Recovery After Sharp Drop – Key Levels to Watch!

Bitcoin has dropped by over 1.5%, falling to $117,000 before showing a small recovery bounce. The price is currently trying to stabilize near $118,100, but the bearish momentum is still present. A sustained move above $118,450 may trigger a short-term bullish reversal, while rejection could lead to further downside testing $117,250 and below.

Trade Setup:

Entry: $118,100 – $118,250

Stop Loss: Below $117,450

Target 1: $118,850

Target 2: $119,250

Target 3: $119,750

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