$BTC /USDT – RANGE CONSOLIDATION BEFORE THE NEXT MOVE 📊💡
🔍 Analysis & Insights:
Bitcoin is trading near $119,140, showing minor downside (-0.33%) after failing to sustain above $120,800 resistance. Buyers are still defending the $118,050 support, but momentum is neutral as the market consolidates between key zones. A breakout from this range will likely set the tone for the next trend.
📈 Trading Signal (SHORT-TERM SWING)
Setup: LONG if $118,050 holds; SHORT if it breaks.
LONG Entry: $118,200 – $118,500
TP1: $119,800
TP2: $120,700
SL: $117,800
SHORT Entry: Below $117,800
TP1: $116,900
TP2: $115,800
SL: $118,300
📌 Plan: Watch the $118,050 support closely. Bulls need a clean breakout above $120,800 for a push toward $122,500. Failure to hold support could trigger a correction.