$BTC BULLISH BREAKOUT EXPECTED – LONG ENTRY SETUP
Bitcoin has shown a strong recovery from the recent dip, forming a clear higher low and breaking above the short-term resistance zone. The bullish momentum is gaining strength, supported by increasing buying volume and strong candle formations on the 15-min chart.
📈 Technical Outlook:
Price has successfully broken out of the local consolidation zone, signaling potential continuation to the upside.
The market structure is shifting bullish as buyers reclaim control after a corrective phase.
Momentum indicators suggest room for further upside movement before encountering major resistance.
🎯 Long Entry Setup:
Entry: After a confirmed breakout retest above resistance
Take Profit (TP): 110,800 – 111,600 – 113,000
Stop Loss (SL): Below 108,600
⚖️ Risk Management:
Use proper position sizing and maintain a 1:2 or better risk-to-reward ratio. Avoid overleveraging; protect capital first.
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