๐ $BTC /USDT โ BULLISH BREAKOUT IN SIGHT! ๐๐ฅ
Bitcoin ($BTC) is showing strong bullish momentum as price consolidates above key levels following a healthy 4.26% daily gain! Letโs break down whatโs happening technically and how to trade it โฌ๏ธ
๐ CURRENT PRICE: $105,425.67
๐ 24H RANGE: $99,613.33 โ $106,074.20
๐ KEY LEVELS TO WATCH:
Immediate Resistance:
๐ $106,000 โ Psychological level and recent high
๐ $106,400 โ Breakout zone (next resistance)
Immediate Support:
โ $105,200 โ Short-term intraday support
โ $103,800 โ Strong horizontal support zone
โ $102,600 โ Key swing low
๐น TRADE SETUP โ LONG ENTRY:
๐ฅ Entry: Buy above $105,500 on confirmed breakout
๐ฏ Targets:
1๏ธโฃ TP1: $106,400
2๏ธโฃ TP2: $108,000
3๏ธโฃ TP3: $110,000
๐ก๏ธ Stop Loss: Below $104,700
๐ง RISK MANAGEMENT:
Use 1-2% risk per trade. Adjust position size based on SL distance. Always wait for confirmation breakout above resistance before entering. Don't chase โ plan & execute! ๐๐งฎ
๐ "Plan your trade, trade your plan."
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