$BTC USDT – LONG TRADE SIGNAL🟢
SUPPORT RECLAIMED AT $118,750
BULLISH REVERSAL CANDLE NEAR DEMAND ZONE
Bitcoin has rebounded from the $118,750 key support level, showing a bullish wick rejection after a sharp dip. Price is now pushing back into the previous consolidation zone, with potential to revisit resistance levels around $120,770 and above.
Current Price Action:
BTC has printed a reversal setup after sweeping lows near $118,750, indicating possible continuation to the upside. If momentum holds, the next move could target the upper resistance zone near $121,300.
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🔹Trade Setup:
• Entry Point: $118,750 – $118,900
• Stop Loss: $118,295
• Take Profit:
• TP1: $120,773
• TP2: $120,947
• TP3: $121,297
• Margin: 2–3% of wallet
• Leverage: 10x
📈Market Outlook:
BTC shows a healthy bounce from the mid-range support with potential bullish continuation. As long as $118,295 holds, upside targets remain valid.