$BTC /USDT – Pullback or Power Move? 🔥
Bitcoin faces heat after hitting $110,530, now retracing to the $107,500 range. The 4H chart shows a sharp rejection from the local top, but the price is holding above the MA(99) — a key level to watch for a potential reversal.
Is this just a healthy correction before the next leg up?
📉 Current Status:
Price: $107,508.77 (−2.06%)
Support zone: $106,000 – $106,200
Resistance: $108,200 – $109,970
📊 Trade Setup (Long Idea):
• Entry Zone: $107,200 – $106,500
• Take Profit 1: $108,800
• Take Profit 2: $110,000
• Stop Loss: $105,600
⏳ Wait for confirmation above MA(25) before going full throttle!
