$BTC /USDT Alert from a Rising Wave 🔥💯
Bullish Reversal on the Horizon - Buy Zone Activated! 🚀
The price of Bitcoin has bounced from a strong demand area near $105,300 after forming a bullish rejection wick, indicating that the price is preparing for a potential rise toward key resistance levels. A clear structural breakout above the average range is expected.
Trading Setup (Long-term):
Entry: $105,300 - $105,600
Targets: $BTC
Target 1: $107,050
Target 2: $107,275
Target 3: $107,500
Stop Loss: $104,460
Key Levels:
Support: $105,300 and $104,460 (Major Demand)
Resistance: $107,050 - $107,500 Area (Target and Previous Supply Area)
Market Outlook:
Buyers are returning after a series of declines. If the Bitcoin price holds above $105,300, the upward trend is likely to continue. Watch for volume confirmation when it surpasses the $106,000 level.
Risk Management:
Always use a stop-loss limit and avoid over-leveraging - protect your capital while taking advantage of the trend.
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This is your signal. Invest before the breakout candle $BTC