🚨 $BTC

/USDT – Testing Key Resistance at $118.6K! Is a Breakout Coming? 🔥

📊 Market Overview

📍 Current Price: $118,265.02

📈 24h High: $118,636.92

❄️ 24h Low: $116,900.05

📦 24h Volume (BTC): 6,455.16

💰 24h Volume (USDT): $759.41M

📉 Technical Indicators:

EMA Trend: Bullish crossover in progress

MACD: Bullish momentum building (watch for histogram strength)

SAR: Still showing uptrend support

Volume: Decent but needs confirmation for breakout

📈 $BTC Trade Setup – Key Levels to Watch

🔹 Bullish Scenario (If $BTC Holds Above $118K):

Entry: Above $118,400

Targets: $119,200, $120,500, $122,000

Stop-Loss: $117,200

🔹 Bearish Scenario (If $btcFalls Below $117,200):

Entry: Below $117,000

Targets: $116,000, $114,500

Stop-Loss: $118,200

🔍 BTC Market Insight

✅ Break above $118,600 could trigger a fast move toward $120K

✅ Consolidation near resistance with rising volume is bullish

⚠️ Rejection from $118.6K again could lead to a quick drop below $117K

💡 Pro Tip:

Watch the $118,600 zone closely – a clean breakout above it with strong volume could set the stage for a major move into new local highs.

📢 What’s your game plan—buying the breakout or waiting for a pullback?

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