š° $BTC /USDT ā Holding Strong Near $120K! Is the Next Breakout Coming? šš„
Bitcoin is showing resilience, currently trading at $119,828, just shy of its $120,192 daily high. Despite a tight range, the market is gearing up for a decisive move as volume remains strong at 17,368 BTC.
š Market Snapshot:
24h Low: $118,050
Current Support: $118,700 ā $118,050
Immediate Resistance: $120,200 ā $121,300
Trend: Consolidation near highs, eyeing breakout continuation.
šÆ Trade Setup:
Entry: $119,500 ā $119,800
TP1: $120,500
TP2: $121,300
Stop Loss: $118,500
š” Analysis:
If BTC pushes past $120,200 with volume confirmation, we could see a sharp run toward $122K+. A pullback toward $118K may offer a strong re-entry zone for buyers.