🚀 Bitcoin Tightens Up at $117K – Breakout Incoming?
$BTC /USDT is holding steady at $117,722, up +0.10%, as it coils between key EMAs in a narrow $2K range. With $1.88B in daily volume and EMAs flattening, BTC is nearing a critical decision point.
Trade Setup:
Buy Zone (Pullback Play): 117,250 – 117,700
Stop Loss: Below 116,600
Target 1: 118,869
Target 2: 119,052
Target 3 (Psychological): 120,000
Market Insight:
EMAs remain bullishly stacked, but momentum has cooled—often the calm before a big breakout. A clean move above $118,869 with volume could spark a fresh rally, while dips to EMA25 may offer ideal entry opportunities.
⚡ Weekend fakeouts are common — stay sharp, trail stops smartly, and let volume confirm the breakout!
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