$BTC

/USDT Bullish Surge Underway šŸš€šŸ“ˆ Aiming for $110K Breakout! šŸ’„

$BTC is trading around $107,800, showing strong bullish momentum with robust 24h volume ($2.42B). The price has cleared mid-range consolidation and is approaching critical resistance levels. Bullish trend likely to persist unless price drops below $105,800.

**Technical Analysis:**

- **Trend:** Bullish

- **Indicators:**

- 4H EMA-20/50: Bullish crossover

- MACD: Positive histogram, bullish crossover

- RSI: 66 (approaching overbought, but not exhausted)

- Volume: Rising alongside price, confirming strength

- Structure: Consistent higher highs and lows since $104K bounce

**Trading Plan:**

- **Entry Zone:** $107,200 – $107,900

- **Targets:**

- šŸŽÆ Target 1: $109,500 (next resistance)

- šŸŽÆ Target 2: $111,300 (psychological + Fibonacci extension)

- šŸŽÆ Target 3: $113,800 (major resistance, breakout zone)

- **Stop Loss:** $105,800 (below recent 4H swing low and EMA-50)

**Key Levels:**

- **Support:** $104,200 / $105,800

- **Resistance:** $109,000 / $111,300

- **Pivot Zone:** $107,100 (trend confirmation)

**Pro Tip:** Upon reaching Target 1, adjust stop loss to entry for risk-free trading. Take partial profits at each target. If price holds above $109,500, anticipate stronger breakout momentum, confirmed by volume surges.

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