$BTC USDT BULLISH STRUCTURE BUT LOSING MOMENTUM — CAUTION NEAR RESISTANCE ⚠️
$BTC rally, but multiple rejections from the same resistance zone indicate exhaustion. The 1H chart shows a tightening range with long wicks, reflecting indecision and possible consolidation before the next breakout or breakdown.
📊 Trade Setup:
$ Long Trade Signal 🟢
Entry Point: $107,400 – $107,600
Stop Loss: $106,200
Take Profit: $108,500 / $109,200
Margin: 2-3% of wallet
Leverage: 10x
📈 Market Outlook:
BTC remains bullish in structure, but momentum is fading. A clear breakout above $108,300 with strong volume could ignite another leg up. Until then, expect consolidation or minor pullbacks around the upper resistance range.
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