Hotend temperature reading limited
The fact that the temperature reading stays steady while heating and changes once it stops heating makes me thing that you might have a short between your heater wires and sensor wires or somehow have them interconnected. Especially if it shows the same temperature when it's actually below 110°C and heating but shows correct when not heating. I would try to separate the heater wires from the sensor wires and make sure they are not touching, also check that the sensor wires are not touching the heating block.