$BTC USDT Perp Strategy

Market Insight: $BTC is trading at $117,740, slightly down 0.26% in the past 24h. The price is ranging after a pullback from the $118.8K high. Volume remains strong (15,207 BTC / $1.79B USDT), suggesting healthy interest during this consolidation.

Entry:

šŸ”¹ Buy Zone: $116,700 – $117,300

(Near SAR support $116,689 and 24h low of $116,604 — ideal for dip entries)

Targets:

šŸŽÆ Target 1: $118,800 (recent top & 24h high)

šŸŽÆ Target 2: $119,500 (key breakout zone)

šŸŽÆ Target 3: $121,000 (extension target if breakout sustains)

Stop Loss:

āŒ $115,200 (below Binance support and key structure zone)

Key Levels

Support: $116,600 / $115,200 / $114,600

Resistance: $118,800 / $119,500 / $121,000

Pivot Level: $117,740 (current market balance point)

Pro Tip

Watch price action around $116,700–$117,000 for bounce confirmation. A breakout and hold above $119K with strong volume could signal further upside. Use trailing stop near $117,800 if price struggles to hold above the pivot.

#USCryptoWeek #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH #ETHBreaks3k