$WBTC /USDT – BULLISH BREAKOUT IN PLAY 🚀🔥
📈 Current Price: $105,596.75 (+3.81%)
🕐 Timeframe: 4H
🔍 TECHNICAL ANALYSIS:
WBTC/USDT has just broken out above a key resistance level and is showing strong bullish momentum. The recent surge above $105,000 suggests buyers are in control.
🧱 KEY LEVELS:
Major Resistance: $108,000 (next upside target)
Immediate Resistance: $106,000
Current Price: $105,596.75
Support Zone: $103,000 – $104,000
Strong Support: $99,600 (Previous swing low)
💹 TRADE SETUP (LONG):
🟢 Entry: $105,200 – $105,600 (on slight retracement or breakout continuation)
🎯 Targets (TP):
TP1: $106,800
TP2: $108,000
TP3: $110,000 (extended target if momentum holds)
🛑 Stop Loss (SL): $103,800 (below support)
🛡️ RISK MANAGEMENT:
✅ Risk only 1-2% of your capital per trade.
✅ Adjust position size to match your SL level.
✅ Use trailing stop once TP1 is hit to protect profits.
Momentum favors the bulls – ride the wave, but manage your risk! 📊🔥
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