@mysticrift
$BTC 4H #StrongRebound
Currently in a choppy downtrend, main trading bias is to short the bounce.
Key resistance at the 112K zone, with the next level up around the previous local high at 113.5K—both are high R/R entries for shorts.
117.5K has proven strong demand before; if retested, expect bulls to step in and trigger a rebound—this can be a good TP zone for shorts.
Bearish target below is 106K.
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