$BTC /USDT – LONG TRADE SETUP: BULLISH BREAKOUT TESTING HIGHS 💯
Timeframe: 1-Hour Chart
Market Structure: BTC has rallied from 116,359.89 to test the 118,850 resistance, forming higher highs and higher lows with strong bullish candles.
ENTRY LEVEL:
Enter long between 118,600 – 118,800 after a minor dip or consolidation.
STOP LOSS:
Place stop loss below 118,000 to limit downside risk.
TARGET POINTS:
TP1: 119,200
TP2: 119,700
TP3: 120000
TRADE ANALYSIS:
Strong upward momentum backed by rising volume suggests buyers are in control. A clean breakout above 118,850 could trigger fresh buying and push BTC toward new short-term highs. Watch for sustained strength above the entry zone to confirm the move.