$BTC /USDT – Sharp Intraday Rebound 🚀

Bitcoin is currently trading at 118,820, showing a strong recovery from the 118,207 intraday low after an aggressive bullish candle on the 15M chart. The bounce has pushed price above the EMA7 (118,537) and EMA25 (118,622), signaling a short-term bullish shift.

🔹 Support Zone: 118,200 – 118,500 (recent low and EMA7 support)

🔹 Resistance Levels: 119,206 (intraday resistance) and EMA99 at 119,074, which must be cleared for stronger upside momentum.

📌 Entry Strategy:

Potential entries between 118,600 – 118,800 after a minor pullback.

Place Stop Loss below 118,200 to protect against false breakouts.

🎯 Targets:

1️⃣ 119,200

2️⃣ 119,500

3️⃣ 119,900

💡 Pro Tip: If Bitcoin closes a 15M candle above 119,206 with solid volume, it could trigger further bullish momentum toward the 120K zone, attracting momentum traders and short-covering buyers.

$BTC

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