$BTC /USDT – Bulls Defending $117K Zone! 🚀
Current Price: $117,295 (-0.31%)
#Bitcoin is holding firm above the $117K psychological level despite recent selling pressure. Buyers are actively stepping in on every dip, hinting at strong underlying demand. If BTC breaks above $118,200 with volume support, it may resume its uptrend toward $120K and beyond. Momentum remains alive in the higher timeframe structure.
Support & Resistance:
Support: $116,900
Resistance: $118,200
Trade Setup:
Entry Zone: $117,100 – $117,400
🎯 TP1: $118,800
🎯 TP2: $120,500
🎯 TP3: $122,000
Stop Loss: $116,400
Pro Tip: Watch for a strong breakout candle on the 1H or 4H chart above $118,200 — that would be the trigger for high-conviction longs.