$BTC /USDT BULLISH CONSOLIDATION NEAR RESISTANCE 🚀📊 | TECHNICAL ANALYSIS
Bitcoin is currently trading at $106,386.28 (+0.57%), holding strong within an ascending range. Bulls are preparing for a potential breakout above resistance. 🟢🧠
📊 KEY LEVELS:
Immediate Resistance: $106,800 🔼
Major Resistance: $107,500 (Breakout Zone) 🚧
Immediate Support: $105,800 🛡️
Major Support: $104,622 (24h Low) 🔻
Price action shows consolidation just under resistance — a breakout above $106,800 could push BTC toward new local highs.
🚀 TRADE SETUP (LONG):
Entry: $106,200–$106,400
Take Profits (TP):
TP1: $106,800 🎯
TP2: $107,500 🔥
TP3: $108,200 💸
Stop Loss (SL): $105,400 ⛔
📌 Risk Management:
Risk no more than 1–2% per position. Stick to SL, and avoid entering late. Let your trades run with a plan! 📈🛡️
BTC is #coiling up — next move could be explosive! #ScalpingStrategy #w #NEWTBinanceHODLer