📈 $BTC Approaches Critical Resistance! What’s Next🤔🔑👇
🔍 After a strong recovery bounce from the $105K zone, $BTC is now testing the major resistance block between $109K–$111K — a zone previously marked by high-volume selling and rejection.
🧠 Pro Trader Insight: The recent bullish momentum is supported by:
✅ Clean breakout above all major EMAs (50/100/200) on both 1H & 4H charts
✅ RSI climbing (69.29 on 1H, 61.36 on 4H), showing strong buying interest
✅ V-shaped recovery formation — often seen before explosive upside moves
🧭 Trading Strategy
📌 If Already Long (Entry near $106K–$107K):
🎯 Target: $110.5K – $111K
🔐 Stop-loss: $106.8K
⏳ Duration: 6–12 hours
⚠️ If Planning a Short Position:
Look for bearish rejection candles near $110.8K
Entry after confirmation of rejection
SL: Above $111.3K, TP: $107.2K – $106.5K
🟢 Key Levels:🔑
Resistance: $109K – $111K (Supply Zone)
Support: $106.2K, $104.5K
📊 Break above $111K = trend continuation. Rejection = short-term pullback.
🧘♂️ "Smart traders don’t chase pumps — they plan trades and execute with precision."
Let the chart tell the story. Patience is your real edge.
⚠️ Not financial advice. Always DYOR. Trade with discipline.