$BTC /USDT Daily Breakdown & Next-Move Outlook 🚀
Current Landscape
Price: $117,765.92 (-0.22%)
Key Levels:
Resistance: $118,870 (recent high)
Support: $112,700 (7-day MA) → $108,000 (25-day MA)
Momentum: Price has decisively cleared the 7-, 25-, and 99-day moving averages, signaling strong bullish conviction. Recent volume spikes confirm buyer commitment.
Short-Term Scenarios
1. Bullish Continuation
Consolidation in a tight $116k–$118k range
Break above $118,900 spikes a run toward $122k–$125k
2. Pullback & Retest
Minor retracement to $114k
Buyers step in at the 7-day MA (~$112.7k)
Base formed → renewed leg up
Key Watch-Points
Volume on Dips: Healthy –keep ‘em coming to sustain uptrend
MA Crosses: 7-day above 25-day is bullish; watch for 25/99 cross next
Market Sentiment: On-chain flows still positive; low spot sell-pressure
Trading Edge 🛠️
Aggressive: Breakout entry above $119k with 1% stop-loss
Conservative: Buy dips into $113k–$114k, target $124k
Stay nimble, manage risk, and follow for real-time updates!
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