$BTC BULLISH BREAKOUT SETUP – EYES ON $110K RESISTANCE! 🚀📈
Bitcoin is showing solid strength, trading at $107,196.62 (+1.29%), near the 24h high of $107,196.63, and well above the 24h low of $105,684.46. This rally is backed by strong volume and consistent higher lows, suggesting a bullish continuation toward key resistance levels.
🔍 KEY LEVELS TO WATCH
Immediate Resistance: $108,000
Major Resistance: $110,000 (psychological + previous rejection zone)
Immediate Support: $106,000
Key Support: $104,500 (bullish invalidation)
📊 TRADE SETUP (LONG ENTRY)
Entry: On 15m–1h candle close above $108,000
Take Profit (TP):
TP1: $109,500
TP2: $110,000
TP3: $112,000
Stop Loss (SL): $105,400 (below structure and volume base)
⚠️ RISK MANAGEMENT
Limit exposure to 1–2% of your capital
Wait for confirmation breakout with strong volume above $108K
Reassess if price dips below $104.5K with volume increase
Summary: BTC is trending strongly toward resistance. If bulls break above $108K with conviction, $110K+ is in play quickly. This is a momentum-favored setup—ideal for breakout traders! 💥📊
Need a mid-term swing setup or 4H indicator analysis? Just ask!
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