$BTC
107,631.45
+1.84%
/USDT Strong Bullish Surge In Progress 🚀💯 Potential Breakout Incoming Towards $110k🚀💯📈
$BTC is trading near $107,800 with consistent bullish momentum, supported by strong 24h volume ($2.42B). The price has broken above the mid-range consolidation and is eyeing key resistance zones. Bullish continuation is likely unless invalidated below 105.8K.
Technical Overview:
Trend: Bullish
Indicators:
4H EMA-20/50 crossover: Bullish alignment
MACD: Positive histogram, upward crossover
RSI: 66 (near overbought but not overheated)
Volume: Climbing with price action – a sign of strength
Structure: Higher highs and higher lows since 104K bounce
Trade Strategy
Entry:
Buy zone: 107,200 – 107,900
Targets:
🎯 Target 1: 109,500 (next visible resistance)
🎯 Target 2: 111,300 (psychological round number zone + FIB extension)
🎯 Target 3: 113,800 (major resistance + potential breakout level)
Stop Loss:
Place at 105,800 (below last 4H swing low and EMA-50)
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Key Levels:
Support: 104,200 / 105,800
Resistance: 109,000 / 111,300
Pivot Zone: 107,100 – acts as trend validation
Pro Tip:
If BTC hits Target 1, move stop to entry for risk-free management. Consider partial profit booking at each target. If price consolidates above 109.5K, expect breakout momentum to accelerate. Use volume spikes as confirmation.
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