$BTC /USDT ā Short-Term Trade Setup š
Bitcoin is currently trading near $114,453, showing mild upward momentum of +0.61% over the past 24 hours. The price has tested a high of $115,963 and a low of $113,372, indicating a tight but active trading range.
Trading volume remains strong with 29,143 BTC (~$3.34B USDT) exchanged in the last 24 hours, reflecting solid market participation.
Key moving averages show mixed momentum:
MA(5): 114,744.98
MA(10): 114,578.12
MA(60): 114,497.27
Bitcoin is currently holding slightly above its 60-period moving average, suggesting a potential continuation of short-term bullish bias if support near $114,400ā$114,500 holds firm.
š Trade Setup:
Entry Zone: $114,400 ā $114,600
Target 1: $115,100
Target 2: $115,800
Stop-Loss: Below $113,800
Momentum looks stable, and a breakout above $115,000 could confirm the next upward move.
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