$BTC /USDT Trade Setup

Market Insight:

$BTC is currently trading at $118,749, up 1.11% in the last 24 hours. It’s showing steady bullish momentum, bouncing from the $117,000 support and pushing toward the upper resistance of $119,500. The Parabolic SAR at $118,227 suggests continuation of the uptrend if support holds.

🔹 Entry Zone:

$118,000 – $118,700

(Retest of SAR and previous minor support likely)

🎯 Targets:

Target 1: $119,500 (recent high/resistance)

Target 2: $121,200 (psychological and technical resistance)

Target 3: $123,000 (extension if breakout confirmed)

🔻 Stop Loss:

$116,800

(Below key support and recent low at $117,000)

📊 Key Levels:

Support: $117,000 / $116,800

Resistance: $119,500 / $121,200

Pivot Level: $118,227 (SAR)

💡 Pro Tip:

Watch for volume spikes above $119,500 — a breakout here with confirmation could attract institutional bids. However, if BTC rejects this zone with strong selling pressure, consider tightening your stop or taking partial profits early.

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