🔍 $BTC at a Key Reversal Zone – Caution or Opportunity?
BTC/USDT is currently hovering around $105,925 after a sharp move up from the $103,900 range, with resistance forming near $106,500. Price is now consolidating in a narrow range, and the setup suggests a potential retracement unless bulls break above $106,500 with strong volume. A short-term pullback toward $104,650 is possible before the next directional move.
Trade Setup (SHORT):
Entry: $105,920 – $106,000
TP: $104,650
SL: $106,515
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