$BTC
BTCUSDT – Momentum Breakout Above Supply Zone!
Bitcoin (BTCUSDT) has cleanly broken above the $112,000–$112,500 supply zone, confirming a strong bullish breakout supported by expanding volume and EMA alignment. Price is now hovering around $113,700, with buyers firmly in control and no signs of exhaustion yet. The next visible resistance sits near $115,000–$116,000, making this a classic momentum continuation setup.
Trade Plan
Entry (Long): $113,200 – $113,700 (buy on slight dips within breakout zone)
Target 1: $115,000 (first resistance & partial profit zone)
Target 2: $116,300 (extended bullish target if momentum sustains)
Stop Loss: $111,800 (below breakout structure and VPVR support)
My View
BTC’s breakout from the high-volume cluster signals a shift to bullish continuation mode. The structure, EMA alignment, and MACD all favor buyers. If BTC holds above $112K, the path toward $116K remains open — but a drop below $111.8K would suggest a false breakout.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always DYOR before trading.