$BTC Long Trade Signal – Targeting $108,000+
📈 Momentum Description:
BTC is currently trading at $107,359.71 (+1.21%), with a strong bullish breakout above EMA(7), EMA(25), and EMA(99). Price has just made a local high of $107,375.01, showing continued bullish strength.
📊 Key EMAs:
EMA(7): 107,308.58
EMA(25): 107,247.47
EMA(99): 107,282.67
📍Support Levels:
$107,227 (EMA confluence)
$107,133 (recent local low)
📍Resistance Levels:
$107,600 – minor psychological resistance
$108,135 – 24h high
$108,500+ – next target zone if breakout continues
🎯 Trade Setup:
Entry: $107,300 – $107,360 (current zone)
Stop Loss: Below $107,100
Take Profit: $107,900 – $108,500
📉 Invalidation: Break below $107,100 would signal weakening momentum and possible reversal.
🔍 Market Outlook:
The surge from $107,133 to $107,375 was rapid with strong bullish candles and EMAs aligned upward. Volume seems healthy. As long as BTC holds above the EMA cluster ($107,227 zone), the short-term trend remains bullish.