$BTC /USDT – Testing Key Resistance 💥
Bitcoin is climbing with strength at $108,962.99 (+0.90%), brushing against the $109,216.56 resistance. Volume’s strong at $1.01B, and EMAs are aligned in bullish formation—momentum building.
📈 Long Setup (Breakout Play):
Entry: Break above $109,216.56
TP1: $109,600
TP2: $110,200
SL: $108,500
📈 Long Setup (Support Bounce):
Entry: $108,519 – $108,700
TP1: $108,962
TP2: $109,216
SL: $108,120
📉 Short Setup (If Breakdown):
Entry: Close below $108,126
TP1: $107,733
TP2: $107,340
SL: $108,400
Why I’m In:
BTC is showing strong bullish alignment with rising EMAs and high volume. If $109,216 breaks, expect fast follow-through. But range rejections can flip momentum quickly.
⚠️ Note:
Watch closely for volatility. BTC can shift direction sharply near major resistance. Ideal for breakout traders with strict stop-loss discipline.