BTC/USDT Trade Setup

📌 Setup Type: Breakout Trade

📈 Entry: On breakout above $118,500

🎯 Target: $123,000 (Short-term)

🛑 Stop Loss: $116,800 (Below last breakout structure)

🔁 Risk-Reward Ratio: ~1:2+

🔍 Trade Plan:

Entry Condition:

Enter a long position only if BTC closes a 1H candle above $118,500 with strong volume.

Target Levels:

🎯 TP1: $120,500 (partial booking)

🎯 TP2: $123,000 (full target)

Stop Loss:

🛑 SL at $116,800 to protect from fakeout or rejection.

Reason for Setup:

$118,500 is a strong resistance zone from previous highs.

If broken, momentum + short squeeze could take it towards $123K zone.

Structure supports continuation toward higher levels after breakout.

🧠 Pro Tip:

Wait for a confirmed breakout with strong volume (check Binance, Coinbase or TradingView volume bars). Don’t enter early.

📌 Mark levels on chart and set alerts:

✅ $118,500 breakout alert

❌ $116,800 SL alert

🎯 $120,500 / $123,000 profit zones

Follow for more trade setups, updates & risk-managed strategies.

@VIKAS JANGRA $BTC

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