$BTC /USDT BULLS RETAIN CONTROL – TARGETING A NEW HIGH ABOVE 111.5K!
$BTC continues its bullish momentum, trading around 111,367 after bouncing strongly from the 108,685 support zone. The price is consolidating near resistance at 111,522, signaling that buyers are preparing for another breakout. A clear close above 111,584 could open the path toward 112,000 and beyond, while maintaining support above 110,760 keeps the bullish bias intact.
Trade Setup:
Long Entry: 111,367
Target 1: 111,584
Target 2: 112,000
Stop Loss: 110,760
Market Outlook:
The short-term trend remains bullish, supported by strong buying volume and steady higher lows. As long as stays above 110,760, upside momentum is likely to continue. A breakout above 111,584 could accelerate the next leg of the rally toward fresh highs.
