$BTC $111,028 — Is the Rally Just Getting Started!

Current Price: $111,028 (+5% since open)

24h Range: $108,500 – $112,300

Volume: Elevated—>30K BTC on spot exchanges

Key Levels to Watch👀

Immediate Support: $109,500 (recent consolidation)

Bull Trigger: Close above $112,300 with volume → next run to $115K → $118K

Bear Trap Alert: Fakeout above $112.8K that dumps back under $111K → watch for wick + volume reversal

Invalidation: Daily close below $108K kills bullish thesis

Trade Insight🌀

Aggressive Long: $111,200–$111,500 zone on pullback → SL at $109,300 → TP1 $113,500, TP2 $115,000

Conservative Long: Wait for 1H close above $112,300 → SL at $110,800 → TP1 $115K, TP2 $118K

Short Play: Only if price fails at $112.8K with a bearish engulfing candle → target $109K

“Like if you’re in this trade. Comment your entry zone—Bull or Bear?”

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