$BTC /USDT SHOWS SIGNS OF RECOVERY – A CRUCIAL LEVEL TO WATCH.... #BTC☀ soon will hit back $105,00 and $110,000 ...
Bitcoin (BTC/USDT) is trading at $104,303.02, down -2.39%, after a sharp bounce from its 24-hour low of $103,137.82. Despite earlier bearish momentum, BTC has managed to stabilize and is attempting to reclaim higher levels. Immediate resistance lies near $105,452, which needs to be cleared for a continuation toward $106,524 and beyond. If bulls can maintain momentum, this could mark the beginning of a short-term recovery.
On the downside, support near $103,100 remains critical. A breakdown below this level may trigger further declines toward $102,968, making it essential for traders to monitor these zones carefully. Volume and MACD suggest signs of early accumulation, signaling that a breakout above resistance could offer a prime long entry. Traders should stay alert for confirmation signals and manage risk wisely.
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