$BTC /USDT Technical Analysis – 13 July 2025
Market Snapshot
Current Price: $118,774.64
24h Change: +1.16%
24h High / Low: $119,376.00 / $117,000.01
Volume:
BTC: 8,113.56
USDT: $959.46M
Exchange: Binance (Spot)
Price Action Overview
Timeframe Bias Notes
15m–1h Neutral Consolidation in tight range: $117.5K–$119.3K
4h Bullish Higher lows intact; trying to break $119.5K ceiling
1D Bullish Healthy uptrend, RSI likely in 60–70 range
Technical Analysis
Resistance Levels
$119,500: Local resistance (current range top)
$120,000: Psychological level & breakout trigger
$122,800–$125,000: Extension targets if breakout holds
Support Levels
$117,000: 24h low, strong demand zone
$116,000: Previous breakout point
$114,000–$113,200: Trendline + MA cluster
Trend Indicators
Structure: Uptrend with consolidation near highs
Volume: Consistent, supports trend continuation
Momentum: Moderate bullish momentum building; breakout likely with volume surge
Trade Strategy Suggestions
Bullish Continuation Setup
Entry: On breakout above $119,500
Target: $120,800 → $122,500
Stop-loss: Below $117,500
Pullback Opportunity
Buy Zones: $117,000 or $116,000 on wick pullback
SL: Below $114,800
TP: Rebound to $119,000–$120,000
Summary
Market Structure: Bullish consolidation near top
Volume + Trend: Confirming strength
Bias: Bullish (watch for breakout above $119.5K)
Risk Note: A failure to break $119.5K with strong volume may trigger a dip toward $117K.
Let me know if you'd like chart visuals, Fibonacci levels, or EMA trend analysis across multiple timeframes.
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