$BTC /USDC BULLISH SURGE NEAR RESISTANCE ā BREAKOUT IMMINENT? šš°
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 ā here's the setup! š„š
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š 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 ā
)
RSI(6): 72.69 (overbought territory ā strong buyer pressure šŖ)
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š KEY LEVELS TO WATCH:
Support Zones:
š”ļø $109,690 (short-term support)
š”ļø $109,275 (EMA99 ā strong base)
Resistance Zones:
šŗ $110,420 (24h high ā major breakout level)
šŗ $111,000 (psychological barrier & target)
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š TRADE SETUP ā LONG POSITION šÆ
Entry: $110,300ā$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)
š Risk/Reward Ratio: ~2.2+ ā ideal for trend-followers
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š”ļø RISK MANAGEMENT TIP: ā
Keep risk per trade at 1ā2% of total capital
ā Avoid chasing green candles ā always enter on confirmation!
ā”BTC bulls have the wheel ā breakout traders, stay sharp!ā”
#BTC #Bitcoin #CryptoTrading #BullishSetup #BTCUSDC $BTC