$BTC /USDT Shows Signs of Recovery – Key Levels to Watch
Bitcoin (BTC/USDT) is trading at $104,288, down -2.39%, after bouncing sharply from its 24-hour low of $103,137.82. Despite earlier bearish pressure, BTC is stabilizing and aiming for higher levels. Immediate resistance is at $105,452, and clearing this could pave the way for a move towards $106,524 and beyond. If the bulls maintain their momentum, this could signal the start of a short-term recovery.
On the downside, support at $103,100 is critical. A drop below this level could lead to further declines toward $102,968. Volume and MACD show early signs of accumulation, suggesting that a breakout above resistance could present a strong long entry. Traders should watch for confirmation and manage risk wisely.
