$BTC USDT BULLISH MOMENTUM SLOWS ā 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 ā or sellers might attempt a pullback if momentum weakens further.
š Trade Setup (Long Entry):
Entry Zone: 107,000 ā 106,500
Targets (TP):
TP1: 108,000
TP2: 109,500
TP3: 111,000
Stop Loss (SL): 105,800
š Key Levels:
Resistance: 108,000 ā 109,500
Support: 106,500 ā 105,800
Current Price: 107,045.66
š 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.
ā ļø Risk Management:
Risk only 1-2% per trade. Avoid over-leveraging and maintain disciplined stop-loss placements to sustain profitability in volatile moves.
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