🚀 $BTC /USDT.P – Reversal Rally in Motion! 💥
Bitcoin just blasted out of a textbook falling wedge on the 1H chart — bulls are waking up with strength! After holding firm near $117K, momentum is shifting upward fast.
📊 Trade Setup:
• Entry Zone: $117,200 – $117,320
• Target 1 (TP1): $117,600
• Target 2 (TP2): $117,780
• Stop Loss (SL): $117,004
⚡ Technical View:
A breakout from a falling wedge pattern typically signals a trend reversal — and BTC is respecting it perfectly. Volume picking up adds confluence to this bullish breakout.
🛡 Risk Note:
SL is tight for quick invalidation. If $117K breaks again, sit out and watch for fresh support to form.
🔄 Strategy Breakdown:
We’re entering right after confirmation of wedge breakout with strong candle close above trendline resistance. Targets are tight and realistic in current volatility.
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