$BTC /USDT Trade Setup
Market Insight:
Bitcoin is showing strong bullish momentum, up +4.92% in the last 24h with a high of $116,868 and solid volume support ($3.13B in USDT). The price is currently hugging the upper Bollinger Band, indicating strong buying pressure.
📥 Entry:
Buy Zone: $114,500 – $116,000 (buying dips within this range is favorable)
🎯 Targets:
Target 1: $118,800 (near upper resistance and BOLL UP band)
Target 2: $121,500 (recent breakout zone)
Target 3: $125,000 (psychological resistance)
🛑 Stop Loss:
Below $111,000 (beneath recent support and Bollinger mid-band)
📊 Key Levels:
Support: $113,426 (BOLL mid), $111,648, $109,574
Resistance: $117,868 (BOLL upper), $118,800
Pivot: $113,426 (BOLL middle band)
💡 Pro Tip:
Watch for volume spikes or rejection candles around the $118K level. If BTC consolidates above $117,800, it could rapidly push toward $121K. Use trailing stop-loss for partial exits to ride the trend.
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