$BTC /USDT โ Bulls Eyeing Fresh Highs ๐ฅ
#Bitcoin just delivered another strong push above $119,698, showing the bulls are still in control. After a solid rebound from $118,299, momentum has returned as BTC targets the $120,000 level once more. Buyers are clearly gearing up for a potential new all-time high.
Long Trade Setup:
๐น Entry Zone: $119,201 โ $119,499
๐น Stop Loss: Below $118,000 to manage downside
๐น Target 1: $120,798 โ Immediate resistance zone
๐น Target 2: $122,500 โ Key breakout level
Risk Note:
Since price is hovering near resistance, avoid entering impulsively. The ideal entry would be on a pullback near $119,000 to minimize risk.
Whatโs Next:
If BTC can secure a close above $120K with strong volume, expect a potential breakout move. However, if it struggles near $120,800, a pullback toward $118,500 is likely. Watch closely for confirmation.