$BTC
š BTC/USDT 1Hour Chart Update.
Support Zone: Around 114,600 ā 114,800 (price already tested this and bounced).
Resistance Zone: Around 117,300 ā 118,700 (near 99 MA and recent rejection zone).
Pattern: It looks like a Double Bottom / Short-term Bounce setup forming after the drop.
If BTC holds above 114,600, then a recovery toward 117,300 ā 118,700 is possible.
If it breaks 114,600 support, next downside target may come near 112,500.