$BTC
/USDT BULLISH MOMENTUM BUILDING AS BUYERS DEFEND KEY SUPPORT LEVELS
Market Next Move:
Bitcoin ($BTC/USDT) is showing signs of bullish continuation after defending the critical $103,000 support level, following a shallow pullback to $102,963.67. Price has rebounded and is currently consolidating just above $103,190, indicating accumulation before the next leg up. With increasing volume (24h Vol: 7,701.16 BTC) and the price protection holding firm, bulls appear ready to challenge the recent high of $103,982.64 and aim for breakout levels.
🔹Trade Setup:
Long Entry: $103,300
Target 1 (TP1): $104,90
Target 2 (TP2): $106,700
Stop Loss (SL): $102,300
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Market Outlook:
Bitcoin’s ability to sustain above $103K and form higher lows signals strength. Unless the price breaks below $102,300, the trend remains bullish, with potential for further upside as market confidence grows ahead of the weekend. Traders should watch for a strong breakout if volume continues to rise.
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