BTC/USDT is trading near $111,600, marking a 2.6% decline over the past 24 hours after testing resistance around $114,900. The price is consolidating above the $110,600 support zone, which remains a key level for buyers aiming to push toward $115,000 and beyond. However, a drop below $110,000 could signal a deeper correction ahead.
Trade Setup
Entry: $111,000 – $112,000
Targets (TP): $113,500 / $115,000 / $117,000
Stop-Loss (SL): $109,500
