$BTC /USDT Perpetual Trade Setup
Market Insight:
$BTC has rebounded strongly, gaining nearly 6% in the last 24 hours, with volume exceeding 31.8B USDT. It’s trading well above the middle Bollinger Band (MB), indicating bullish momentum, but is approaching the upper band resistance.
Entry:
✅ Buy on dips around $115,500 – $117,000
Targets:
🎯 Target 1: $119,400 (Bollinger Upper Band)
🎯 Target 2: $121,800 (psychological + previous rejection zone)
🎯 Target 3: $124,500 (extension based on bullish continuation)
Stop Loss:
❌ $112,200 (below recent support and near Bollinger Band middle)
Key Levels:
Resistance: $119,425 · $121,800
Support: $114,600 (MB) · $112,200 · $110,400
Pivot Zone: $114,600 – $115,500
Pro Tip:
If BTC consolidates above $117,500, it may break $119K quickly. Watch for volume spike and RSI divergence before adding to position near upper resistance.
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