$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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