📈 $BTC /USDT – BULLISH BREAKOUT IMMINENT? 🚀
🔍 Technical Overview:
Bitcoin is currently trading at $109,592.67 with a slight upward momentum of +0.72%. The price action is consolidating near a key resistance zone, hinting at a potential bullish breakout if momentum continues.
📊 Key Levels to Watch:
Resistance Levels:
🔺 $110,530 – 24h High / Key breakout zone
🔺 $111,200 – Next resistance after breakout
Support Levels:
🔻 $108,530 – 24h Low / First strong support
🔻 $107,800 – Major support from recent price action
Current Price: $109,592.67
🧠 Trade Setup: LONG POSITION
Entry: $109,600 – $109,800 ✅
Take Profit Targets:
🎯 TP1: $110,800
🎯 TP2: $111,500
Stop Loss: ❌ $108,400
Rationale: A sustained move above $110,000 signals bullish strength. Volume is healthy, and price is forming higher lows, suggesting accumulation.
🛡 Risk Management:
Only risk 1-2% of your capital per trade. Stick to your SL and adjust TP as price action develops. Risk/reward ratio: 1:2+ 🔐
🚀 Stay sharp and trade smart!
#NFPWatch #TrumpVsMusk #TrumpVsMusk #DYMBinanceHODL #Write2Earn $BTC