$BTC /USDT – Testing Key Support! Will the Bulls Defend $108K? 🧱⚔️
Momentum Analysis:
Bitcoin is down -0.98%, trading at $108,621.70, after ranging between $110,392.01 (24h High) and $108,064.00 (24h Low). This zone is critical — bulls must hold the line or risk a deeper correction.
📈 Long Setup (Support Rebound Play):
Entry Zone: $107,000 – $108,500
Targets:
T1: $110,000
T2: $111,800
T3: $114,000
Stop Loss: $105,000 (below major hourly demand)
🔓 Breakout Confirmation Level: $110,800
🛡️ Key Support: $108,000
Pro Tip for Traders:
With 12,955 BTC traded in 24h and $1.42B in USDT volume, Bitcoin remains in high-volume territory. Watch closely — a hold above $108K could spark a fresh rally. Break below $105K and bears take control.
