$BTC USDT – Support Holds, Price Rebounds
Price: $118,130.01
The $116,500–$117,000 support area once again proved resilient, stopping the recent drop and sparking a recovery. BTC has climbed back above $118,000, showing early signs of strength following the sell-off.
Key Levels:
Resistance: $120,000–$121,500
Support: $116,500
If buying pressure persists, price could target the resistance range. A rejection near $120K–$121.5K may result in another retest of $116,500. The market is currently in rebound mode, but sustained gains will require confirmation from trading volume.