$BTC /USDT Trading Strategy

Market Insight:

$BTC is trading at $117,918, up 0.24% in the last 24h. Price is hovering near the Bollinger Middle Band (MB: $117,669) and just below the Upper Band (UP: $118,165.98) — indicating mild bullish bias but facing resistance overhead. Volumes are steady, and recent price action suggests consolidation.

🔹 Entry:

Buy Zone: $117,200 – $117,700

(Look for entries near the Bollinger lower/mid band support)

🎯 Targets:

Target 1: $118,600 (near recent high & Bollinger upper band)

Target 2: $119,800 (recent spike high)

Target 3: $121,500 (if breakout gains momentum)

🛑 Stop Loss:

$116,600 (below Bollinger lower band and support zone)

🔑 Key Levels:

Support: $117,172 / $116,600

Resistance: $118,869 / $119,844 / $121,500

Pivot: $117,669 (Bollinger Middle Band)

💡 Pro Tip:

BTC is in a tightening range. If price breaks above $119K with high volume, it may spark a larger rally. For now, consider range trading between $117.2K–$119K with tight stops. Avoid overleveraging in this narrow zone.

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