$BTC /USDT BULLISH BREAKOUT IN PLAY | STRONG MOMENTUM BUILDING!
🔹 Current Price: $118,984
🔹 24H Change: +2.22%
🔹 Volume Surge: 18,884 BTC / $2.23B USDT
KEY LEVELS:
🔸 Major Support: $116,000
🔸 Immediate Support: $118,000
🔸 Resistance Zone: $119,800 - $120,500
🔸 Breakout Target Range: $122,000 - $124,500
📈 TECHNICAL OVERVIEW:
Bitcoin is showing strong bullish momentum after bouncing from the $116K support zone and reclaiming the $118K level. Price is forming higher lows on the 4H chart, suggesting accumulation. A break above $120K would confirm a bullish continuation toward the next resistance cluster.
TRADE SETUP (LONG):
Entry: $118,800 – $119,200
Take Profits:
• TP1: $122,000
• TP2: $124,500
❌ Stop Loss: $117,200
Risk Management:
Use 2-3% of your capital per trade. Keep tight SL, and trail profits after TP1 for better risk-to-reward. Avoid overleveraging!
Bitcoin bulls are regaining control — watch for the $120K breakout!
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