$BTC /USDT – BULLISH BOUNCE AHEAD OF KEY BREAKOUT ZONE
Bitcoin ($BTC) is currently trading at $109,198, showing resilience above the $108,750 support level. With risibtbbng volume and steady higher lows, BTC is building momentum for a potential move toward the $110K+ resistance zone.
🔍 Technical Snapshot:
Current Price: $109,198
24h High: $110,529
24h Low: $108,749
24h Volume (BTC): 12,576.03
24h Volume (USDT): $1.38B
🧱 Key Levels to Watch:
Immediate Support: $108,750
Strong Support: $107,500
Immediate Resistance: $110,500
Major Breakout Zone: $112,000
BTC is respecting a short-term ascending channel and showing bullish price action near support. A strong candle above $110,500 could trigger a breakout toward $112K+.
📈 Trade Setup – LONG Position:
Entry Zone: $109,000 – $109,300
Targets (TP):
TP1: $110,500
TP2: $111,800
TP3: $112,500
Stop Loss (SL): $108,400
🧠 Risk Management:
Maintain 1–2% risk per trade
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