$BTC USDT BULLISH MOMENTUM SLOWS – CONSOLIDATION BEFORE THE NEXT BIG MOVE
$BTC USDT has shown an impressive rally towards the $108,000 level but is now consolidating with small-bodied candles on the 4H chart. This indicates buyers are taking a breather before potentially pushing higher – or sellers might attempt a pullback if momentum weakens further.
🚀 Trade Setup (Long Entry):
Entry Zone: 107,000 – 106,500
Targets (TP):
TP1: 108,000
TP2: 109,500
TP3: 111,000
Stop Loss (SL): 105,800
📊 Key Levels:
Resistance: 108,000 – 109,500
Support: 106,500 – 105,800
Current Price: 107,045.66
🔎 Market Outlook:
The market structure remains bullish as long as price holds above 106,500. A clean breakout above 108,000 could open the way to test 109,500-111,000 levels. However, failure to maintain above 105,800 may invite deeper retracements towards 104,000.
⚠️ Risk Management:
Risk only 1-2% per trade. Avoid over-leveraging and maintain disciplined stop-loss placements to sustain profitability in volatile moves.