$BTC /USDT – Bullish Momentum Holding Above Key Support
Bitcoin is trading at $118,276, with a daily range between $117,488 and $120,247. Price remains stable with over $1.98B in volume and buyers defending the $117K support zone.
Trade Setup (LONG):
• Entry: $117,800 – $118,300
• Stop Loss: $116,800
• Target 1: $119,800
• Target 2: $120,600
• Target 3: $122,000
Analysis:
BTC is consolidating above support after a healthy pullback. If momentum builds above $118,300, a breakout toward $120K+ is likely. Watch for volume spikes and bullish candles near support.