š $BTC
USDT BULLISH SETUP: READY FOR A STRONG REBOUND TOWARDS RESISTANCE ZONE
Bitcoin is currently showing a bullish reversal from the key support area around 107,150-107,170, with buyers stepping in to push prices back above 107,300. The next major resistance lies near 107,540-107,580, where previous rejections occurred.
š Key Levels:
Support: 107,150 ā 107,170
Resistance: 107,540 ā 107,580
Current Price: 107,308
šÆ Trade Setup (Long):
Entry: 107,300 ā 107,320
Take Profit: 107,540 and 107,580
Stop Loss: 107,150
š Market Outlook: The market is rebounding strongly from the lower support, indicating fresh bullish momentum. If price sustains above 107,300, expect a smooth rally towards the resistance levels.
ā ļø Risk Management: Use strict SL at 107,150 to manage downside. Do not overleverage in volatile conditions ā aim for 1-2% risk per trade.
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