$BTC
USDT HOLDS MID-ZONE — CONSOLIDATION CONTINUES BEFORE NEXT MOVE ⚠️
$BTC USDT rebounded from $119,202 after a pullback from the $123,218 high. Currently trading around $119,944, the price is consolidating in a narrow range with low momentum. The order book shows strong resistance overhead (86.85% sell pressure), signaling hesitation for a breakout.
⚖️ Neutral Trade Setup (Scalp or Wait-for-Breakout Strategy)
Long Entry (if breakout): Above $120,350
SL: $119,400
TP1: $121,600
TP2: $123,000
Short Entry (if breakdown): Below $119,200
SL: $120,050
TP1: $118,300
TP2: $117,200
Margin: 2–3% of wallet
Leverage: 5–10x (moderate risk)
📊 Market Outlook:
BTC is consolidating in a tight channel. Wait for a decisive breakout above $120,350 or a breakdown below $119,200 before entering. Volume and volatility will confirm direction.
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