$BTC

/USDT – LONG TRADE SIGNAL AFTER STRONG SUPPORT TEST NEAR $107K

Bitcoin ($BTC/USDT) is currently showing resilience after a sharp correction that brought the price down to a key support level around $107,000. The price has rebounded slightly to $109,600, forming a potential base for a new upward move.

🔍 Technical Overview:

24h High: $110,392

24h Low: $106,870

24h Volume (BTC): 16,525.55

24h Volume (USDT): $1.79B

Recent Rebound: Price bounced from $107,034 to near $109,600

Short-Term Trend: Bullish above $107,000

📈 Key Technical Signals:

Support Held: Strong bounce from $107,000 indicates it as a crucial support zone.

Bullish Candles on 15m and 30m: Early signs of buyer momentum returning.

Volume Spike: Increased volume around the low suggests accumulation by strong hands.

Price Protection Zone: Likely active between $106,500–$107,000.

✅ Trade Signal: LONG

Entry Zone: $107,500–$108,200

Target 1: $110,500

Target 2: $112,800

Stop-Loss: Below $106,300 lol

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