$BTC /USDT Trade Idea
Pair: BTC/USDT
Current Price: $111,408
Entry Zone: $111,150 – $111,400
Targets:
• TP1: $112,200
• TP2: $113,000
• TP3: $114,300
Stop Loss: $110,500
Market Outlook:
BTC is trading in a tight range around the $111K area, showing signs of strength after defending support near $110,600. The short-term structure remains bullish, with higher lows forming consistently on lower timeframes. Buyers continue to absorb dips, indicating accumulation and potential for continuation toward higher resistance levels.
A clear breakout above $111,500 could confirm upward momentum, setting the stage for a move toward $112K–$114K. Momentum readings support a slow but steady bullish bias, and trading volume remains steady during consolidations.
Plan:
Look for long entries on pullbacks into the $111K range with disciplined stop placement below $110,500. Scale out profits at each target as price approaches resistance zones. As long as BTC stays above key supports, the outlook favors continuation of the current short-term uptrend.