๐ $BTC /USDT Market Analysis & Trade Signal
Current Price: $118,662
24h Range: $117,277 โ $118,799
Trend: Mild bullish continuation
๐ Market Insights:
BTC is holding above the key support of $117,277, with resistance near $118,799.
Buyer strength remains consistent but lacks explosive momentum for a breakout above $119,000.
A clean break above $118,800 can lead to a push towards $120,000+.
โ Trade Setup:
Buy Zone: $118,300 โ $118,700
Target 1: $119,800
Target 2: $120,500
Stop Loss: $117,600
๐ฎ Forecast:
If BTC maintains above $118,000, expect a test of $120,000 โ $121,500 in the coming sessions.
A rejection from $118,800 may pull BTC back to the $117,500 โ $117,000 support for re-accumulation.
๐ Pro Tip:
Watch for volume spikes and macro news โ any surge in volume above $118,800 could trigger a rapid breakout toward $122,000.