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Bitcoin just rebounded sharply after plunging to the $100,372 zone, now hovering near $103,225. While the bounce is strong, it comes after a steep dump, which could be a classic relief rally. Bulls need a confirmed break above $104,000 to regain short-term control. Until then, caution is key — this could still be a bear trap zone.
📊 Trade Setup
Entry (Short-term Long): $102,800–$103,300
TP1: $104,200
TP2: $105,000
SL: $101,800
🔍 Support: ~$100,370
🔼 Resistance: ~$104,000