$BTC /USDT Long Trade Signal
Entry Price: $105,500
Targets:
Target 1: $105,800
Target 2: $106,000
Target 3: $106,500
Stop Loss: $105,200
Bitcoin is showing signs of strength after reclaiming the $105,500 support level. Key observations include:
- Visible buy orders accumulating in the $105,500–$105,700 zone
- Price action consolidating above this region
- Early buyers stepping in as sell pressure weakens
- Immediate resistance around $106,500 and stacked support beneath
Potential Upside
A breakout above $106,400 could trigger accelerated upside momentum. The current structure hints at a bullish continuation pattern, especially if BTC closes above $106,200 on short-term timeframes.
Risk Management
Consider adjusting the stop-loss to breakeven once the first target is achieved. This helps protect gains while allowing room for further upside.
Buy and Trade here on $BTC