$BTC
Bullish momentum is kicking off! Next target: $110K+? 💥
It's heating up today — rising to $108,592 with a strong daily increase of +2.82%!
The bulls have taken control, surpassing resistance after reclaiming the $105K level earlier today.
The current price action shows consistent and steady highs throughout the day!
As long as BTC holds above the $106K level, we could see a push towards the $110K–$112K area in the upcoming sessions.
📊 Key levels to watch:
Support: $106,000 / $105,000
Resistance: $109,000 (testing), a significant breakout above opens the door for $110,500+
🟢 Trading setup (long):
Entry: $108,300–$108,600
Targets: $109,500 / $110,200 / $111,000
Stop loss: $106,800
🔍 Market outlook: Bitcoin shows strong continuity in the short-term trend with healthy volume and an upward structure. Caution near psychological resistance — ideal for trailing stop loss.
⚠️ Risk management: Allocate 2–3% of the portfolio. Always set stop loss and manage leverage wisely.