$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:
š¹ Buy Zone: $116,700 ā $117,300
(Near SAR support $116,689 and 24h low of $116,604 ā ideal for dip entries)
Targets:
šÆ Target 1: $118,800 (recent top & 24h high)
šÆ Target 2: $119,500 (key breakout zone)
šÆ Target 3: $121,000 (extension target if breakout sustains)
Stop Loss:
ā $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 $116,700ā$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.
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