$BTC /USDT slipped nearly -3% in the last 24h, currently testing strong support around $111k. With RSI at 33, Bitcoin is moving close to oversold territory, hinting at a possible short-term bounce if buyers defend key levels.

BTC/USDT Market Update

Price: $111,382 (-2.98%)

24h High: $114,917

24h Low: $110,680

24h Volume: 26,166 BTC (~$2.95B)

🔹 Buying Zone: $110,700 – $113,000

🔹 Selling/Take Profit Zone: $114,500 – $119,000

🔹 Stop Loss: $109,900

Market Outlook:

Bitcoin is showing short-term bearish pressure but remains above its major support. A break below $110,700 may open deeper downside, while reclaiming $114,500 could push BTC back toward the $119k resistance zone.

$BTC

⚠️ Risk Management Tip: Enter in parts, keep strict stop loss, and don’t over-leverage in volatile markets.