Bitcoin Faces Local Resistance Near $107.4K – What’s Next?
Bitcoin is currently trading at $107,237, showing minor consolidation after a recent push toward the $107,659 high. The 15-minute chart reveals a short-term rejection from the upper resistance zone, indicating potential for either a breakout or a minor pullback. A decisive candle above $107,500 could trigger a bullish continuation, while failure to hold $107,000 may invite further downside.
Trade Setup:
🎯 Entry: $107,100
🎯 TP1: $107,600
🎯 TP2: $108,200
🎯 TP3: $109,000
🛡 SL: $106,750
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