$BTC /USDT surges to 120,650.01, showing renewed bullish energy as buyers step back into the market. After hitting a low of 119,382.91, $BTC staged an impressive recovery, breaking above short-term resistance and challenging the 120,414 key zone. The 15m chart shows price pushing over the MA(7) and MA(25), signaling potential continuation if momentum holds. Immediate resistance sits near 122,335, while strong support is building around 119,700. A clean break above the key resistance zone could invite fresh buying pressure, targeting 121,800 and 122,300 levels. However, failure to hold above the 120,400 zone could lead to a retest of 119,900. Traders are closely watching $BTC for confirmation of a short-term trend reversal. This move highlights the battle between bulls and bears, with the key zone acting as a decisive pivot for the next big move in the market.
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