BTC/USDT – Symmetrical Triangle Breakout Potential🎯🎯
$BTC
BTC/USDT – Symmetrical Triangle Breakout Potential 🚀
Bitcoin is currently consolidating within a symmetrical triangle on the 1-hour timeframe, signaling an imminent breakout. This setup presents a high-probability long opportunity with well-defined risk and reward levels.
Trade Plan:
✅ Entry Zone: Near the current price level
🎯 Take Profit Targets:
First TP: 97,210 USDT – Key resistance zone
Second TP: 99,593 USDT – Major breakout level
🛑 Stop Loss: 95,903 USDT – Below trendline support
🔍 Technical Outlook:
The price is respecting trendline support, indicating a strong base for a bullish move.
A breakout above resistance could trigger a rally toward 100K psychological resistance.
Volume confirmation will be key for momentum continuation