$BTC /USDT – Bounce Off 24h Low at $103,371! Long Setup in Play 🔺⚠️
After sliding from its 24h high of $107,982 down to $103,371, BTC found support and is now trading around $104,460 (+0.22%) on the hourly chart, showing early signs of recovery.
Long Trade Plan:
• Entry Zone: $104,400 – $104,600
• Targets:
– First: $106,000 (minor resistance)
– Second: $108,000 (24h high retest)
• Stop Loss: $103,200 (just below yesterday’s low)
Why This Setup Makes Sense:
• Clear rejection at the 24h low signals strong buying interest.
• Price forming higher lows on the hourly, hinting at shift in momentum.
• Volume picked up on the bounce, confirming buyer conviction.
👀 Keep an eye on $105k as the first hurdle—sustained bids above here could fuel the next leg up. Good luck!