$BTC USDT Perp Strategy
Market Insight:
$BTC is consolidating in a tight range between $116,600 and $118,800 with reduced volatility. The overall sentiment remains neutral-to-bullish as long as support holds above $116,000. SAR is flipping near current price, signaling indecision.
Entry:
ā Buy Zone: $116,800 ā $117,400 (Support retest & SAR level)
ā Avoid chasing above $118,500 unless breakout confirmed with volume.
Targets:
šÆ Target 1: $118,800 (recent high/resistance)
šÆ Target 2: $119,500 (minor resistance from earlier swing)
šÆ Target 3: $121,000 (bullish extension zone)
Stop Loss:
ā $115,800 ā Below current SAR and prior demand zone
Key Levels:
Support: $116,600 / $115,800 / $114,500
Resistance: $118,800 / $119,500 / $121,000
Pivot Zone: $117,600 (current mark price & SAR confluence)
Pro Tip:
If BTC fails to hold $116,600, short setups toward $114,500 become favorable. Watch volume and open interest near SAR flips to confirm trend strength.
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