🚨 $BTC

/USDT Price Action Update – Holding the Line or Losing Grip? 🚨

🕒 Last Update: July 19, 14:45 UTC

📊 Market Snapshot

Current Price: $118,300

🔺 24h High: $119,531

🔻 24h Low: $116,812

🔄 24h Change: -0.79%

📈 24h Vol (BTC): 13,048 BTC

💰 24h Vol (USDT): $1.54B

📉 Price Depth Highlights

Key Resistance Zones:

🔹 $118,500

🔹 $118,900

🔹 $119,500

Key Support Zones:

🔸 $118,160

🔸 $117,940

🔸 $116,800 (major swing low)

📈 Technical Overview

Trend: Short-term consolidation after recent pullback

Price Structure: Lower highs forming — potential descending triangle

Momentum: Neutral to weak on shorter timeframes (15m–1h)

Watch Zone: $118,500–$118,800 — if BTC breaks above this range, a push toward $120K could resume

Bearish Breakdown Area: Below $117,800 — may trigger rapid dip toward $116K

📌 $BTC Strategy Suggestion

Bullish Setup (if breakout confirms):

Entry: $118,600+

Target 1: $119,500

Target 2: $121,000

SL: $117,800

Bearish Setup (on breakdown):

Entry: Below $117,800

Target 1: $116,800

Target 2: $115,200

SL: $118,500

💬 What to Watch:

Macro trend still bullish, but bulls must defend $116,800

If BTC breaks $119.5K again, expect momentum and altcoin season to reignite

🧠 Pro Tip:

Use trailing stop-loss above $118,900 if you're in long — BTC often fakes breakouts before real moves!

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📢 Drop your target in the comments – $125K coming or $115K first?

$BTC

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