$BTC USDT – LONG TRADE SIGNAL🟢
BULLISH REJECTION AT DEMAND ZONE
POTENTIAL V-REVERSAL IN PLAY
Bitcoin has once again respected the strong horizontal demand zone around $117,000, showing a sharp intraday rejection. Price action suggests a possible V-shaped recovery with higher targets if it holds this base.
🔍 Key Levels:
Support Zone: $117,000 – $116,000
Resistance Zone: $119,100 – $121,300
Breakout Trigger: $119,150+
📈 Current Price Action: BTC is rebounding from the $117K zone with momentum. If price holds above $117.5K, a push toward the $120K–$121K area is likely. Momentum will strengthen with a break above $119.1K.
💼 Trade Setup:
Entry Point: $117,200 – $117,800
Stop Loss: $116,000
Take Profit:
• TP1: $119,150
• TP2: $120,950
• TP3: $121,300
Margin: 2–3% of wallet
Leverage: 10x
📊 Market Outlook:
BTC remains in bullish consolidation. A firm bounce from the $117K zone indicates renewed demand. Upside move possible if reclaim above $119K confirms continuation. Watch closely!
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