$BTC /USDT TECHNICAL ANALYSIS: BULLISH BREAKOUT IMMINENT 🚀🔥
📈 CURRENT PRICE: $109,441.69
📊 24H Range: High - $109,787.75 | Low - $109,193.00
🟢 DAILY CHANGE: +0.14%
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🔍 TECHNICAL OUTLOOK:
Bitcoin ($BTC) is currently holding strong above the $109,000 level, showing signs of bullish momentum building up after a minor consolidation. With the recent bounce off the 24H low and a tight price action range, bulls seem to be preparing for the next leg up. 📈
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📌 KEY LEVELS TO WATCH:
🔹 Resistance:
$110,500 – Immediate resistance
$112,200 – Key breakout level to watch
🔸 Support:
$109,000 – Short-term support
$107,200 – Major support & invalidation level
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🧠 TRADE SETUP: LONG POSITION
Entry: $109,400 - $109,600
TP1: $110,500
TP2: $112,000
SL: $107,800
🟢 Confirmation: Look for volume spike + bullish candle close above $109,800 on 1H or 4H timeframe.
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📉 ALTERNATE SCENARIO (IF REJECTED):
If BTC fails to hold $109,000, price could dip to retest $107,200. Wait for bullish confirmation before re-entering.
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🛡️ RISK MANAGEMENT:
✅ Risk only 1-2% of your capital
✅ Use tight SL and trail profits once TP1 hits
✅ Avoid overleveraging – protect capital first!
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⚡️ SENTIMENT: BULLISH BIAS – EYES ON $112K!
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