The BTC/USDT 5-minute chart shows a recent recovery after touching the support zone near 110,650. Buyers managed to push the price back above 110,770, but the market still looks uncertain with short-term resistance at 111,020–111,150. If bulls maintain momentum, a breakout above 111,150 could open the way toward 111,280+. However, failure to hold above 110,650 may invite fresh selling pressure, possibly retesting 110,620 levels. Overall, price action indicates cautious accumulation with resistance overhead