$BTC /USDT

Market Insight

$BTC is currently trading near $117,279, showing slight weakness (-0.38%) in the last 24h with a wide range between $118,191 (high) and $116,611 (low). The price is hovering just above the SAR at $117,060, signaling a possible reversal if support holds. Volume remains strong with over 110K BTC traded, indicating active participation.

Entry

Suggested Buy Range: $116,800 – $117,300 (accumulate near support and SAR)

Targets

Target 1: $118,000 — Previous intraday resistance

Target 2: $118,880 — Local top and key level

Target 3: $119,800 — Psychological resistance and breakout point

Stop Loss

Below $116,300 — Break of key support and SAR trend direction

Key Levels

Support: $116,600 / $116,300 / $115,400

Resistance: $118,000 / $118,880 / $119,800

SAR (Trailing Stop): $117,060

Pivot Zone: $117,300 (price is hovering here—watch for direction confirmation)

Pro Tip

Watch the 4h candle close. If BTC holds above $117,300 with rising volume and SAR flips below price, a move to test $118.8K+ becomes likely. Avoid chasing longs if BTC loses $116.3K—momentum may shift bearish short-term.

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