$BTC /USDC BULLISH SURGE NEAR RESISTANCE โ BREAKOUT IMMINENT? ๐๐ฐ
Bitcoin (
$BTC ) is showing strong resilience, currently trading at $110,245.95 (+0.04%), with momentum indicators supporting a bullish continuation. Bulls are eyeing a key breakout above resistance โ here's the setup! ๐ฅ๐
---
๐ TECHNICAL SNAPSHOT:
Current Price: $110,245.95
EMA(7): $110,071.06
EMA(25): $109,764.98
EMA(99): $109,274.64
MACD: +30.83 (bullish momentum increasing โ
)
RSI(6): 72.69 (overbought territory โ strong buyer pressure ๐ช)
---
๐ KEY LEVELS TO WATCH:
Support Zones:
๐ก๏ธ $109,690 (short-term support)
๐ก๏ธ $109,275 (EMA99 โ strong base)
Resistance Zones:
๐บ $110,420 (24h high โ major breakout level)
๐บ $111,000 (psychological barrier & target)
---
๐ TRADE SETUP โ LONG POSITION ๐ฏ
Entry: $110,300โ$110,400 (wait for a confirmed candle close above resistance)
Target 1 (TP1): $111,000
Target 2 (TP2): $112,200
Stop Loss (SL): $109,200 (below EMA99 and key support)
๐ Risk/Reward Ratio: ~2.2+ โ ideal for trend-followers
---
๐ก๏ธ RISK MANAGEMENT TIP: โ
Keep risk per trade at 1โ2% of total capital
โ Avoid chasing green candles โ always enter on confirmation!
โกBTC bulls have the wheel โ breakout traders, stay sharp!โก
#BTC #Bitcoin #CryptoTrading #BullishSetup #BTCUSDC $BTC