$BTC /USDT – Consolidation Before Breakout? 💹
Current Price: 119,163.60 (+0.51%)
BTC is trading in a narrow range after a mild move up, showing consolidation that could precede a breakout. Buyers are defending mid-range support, but upside momentum needs confirmation.
Support Levels: 118,207 – 118,788
Resistance Levels: 119,457 – 120,324 – 122,385
Trade Setup:
• Entry Zone: 119,200 – 119,500 on breakout confirmation
• 🎯 TP1: 120,324
• 🎯 TP2: 122,385
• 🛑 Stop Loss: 118,200
Pro Tip: A volume spike above 119,457 could trigger a quick push toward 120,300+; failure to break may lead to a retest of 118,200 support.