$BTC /USDT – Long Trade Setup
Entry: $117,500 – $117,900
Target 1: $118,850
Target 2: $119,150
Stop Loss: Below $116,600
Reason:
Bitcoin is consolidating just below its 24h high of $118,869.98, holding steady around $117,867 with strong 24h volume of 1.83B USDT and 15.5K BTC traded. The narrow range and strong support near $116,600 indicate bullish accumulation. A breakout above $118,000 may trigger further momentum toward $119K+. Strong depth support and low volatility suggest good reward-to-risk on the long side.