Technical analysis by ZareeFxTradingAac about Symbol BTC: Buy recommendation (7 hour ago)

ZareeFxTradingAac

🔹 Support Zone (109,348 – 112,187) The chart shows a strong support base around 109,348 – 112,187 USDT 💪. Price has tested this level multiple times and respected it, indicating buyer strength. 🔹 Resistance Zone (119,088 – 124,374) The key resistance lies between 119,088 – 124,374 USDT 🔒. This is the area where price faced rejection previously, so bulls must break it for a further rally. 🔹 Current Price Action (113,502) BTC is trading around 113,502 USDT 🔄 and is attempting to break above the short-term consolidation. If momentum holds, buyers could push toward 115,856 → 119,088 → 124,374 step by step. 🔹 Bullish Scenario ✅ As per the highlighted green zone, if support holds, BTC may form a higher low pattern and rally towards the 122,000 – 124,000 range 🚀🔥. 🔹 Bearish Risk ❌ If BTC breaks below 109,348, we may see further decline towards the deeper support near 108,000 ⚠️. ✨ Summary: BTC/USDT is showing a bullish bias above 112,000, targeting 115,800 → 119,000 → 124,000. As long as support at 109,348 holds, the upside potential remains intact 📊💹.