$BTC /USDT Trade Setup
Market Insight
Bitcoin is showing strong bullish momentum with a +6.00% gain over the past 24 hours. It recently touched a high of $118,395.9, suggesting buyer dominance. Volume remains healthy, and price is hovering near the upper Bollinger Band, indicating potential continuation or short-term pullback.
Entry
Buy Zone: $116,800 – $117,400
(Wait for a retest near the middle Bollinger Band or support at ~$114,690 for safer entries)
Targets
Target 1: $119,000 – test of recent high
Target 2: $120,500 – psychological resistance & extension
Target 3: $122,800 – upper breakout target if momentum continues
Stop Loss
Stop: $114,000
(Below mid-Bollinger Band and prior support at ~$114,657)
Key Levels
Resistance: $118,395 / $119,467 / $120,500
Support: $114,690 / $112,252 / $110,432
Pivot Zone: $117,000 – key short-term decision area
Pro Tip
If BTC closes a 4H candle above $119,500 with strong volume, watch for a breakout continuation toward $122K. However, if price stalls near $118K, consider partial profits and trail stops.
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