$BTC USDT – CAN BULLS DEFEND THE FLOOR?

Bitcoin has bounced from the $108,620 low after a sharp sell-off, showing signs of accumulation near support. Price is now holding above $109,800 and attempting a recovery. A sustained move above $110,500 could open the way toward $111,550 and $113,200, while stronger resistance remains at $114,850. On the downside, if $108,600 breaks again, BTC may slide further toward $108,200 support.

LONG ENTRY: $109,500 – $109,800

TARGETS (TP): $111,550 / $113,200

STOP LOSS (SL): $108,400

BTC is consolidating at a key demand zone – watch for volume confirmation before a breakout.

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