$BTC /USDT – Sideways Movement with Weak Momentum

Current Price: $118,220.00

Today’s Change: +0.30%

24h Range: $116,812 – $118,499

Volume: 10,001 BTC

Market Overview:

Bitcoin is moving sideways after touching a high near $118,500. The price is holding above $118,000 but struggling to break resistance. Buyers are cautious and volume is not strong enough for a clear breakout. The trend is weak for now.

Important Levels:

Support: $117,000 and $116,500

Resistance: $118,500 and $120,000

Trade Setup (For Both Spot and Futures):

Buy Range: $117,700 – $118,200

Stop Loss: Below $116,800

Target 1: $118,800

Target 2: $120,000

Target 3: $122,000

Note for Traders:

Wait for a strong candle above $118,500 to confirm breakout. If price drops below $117,000, market may turn bearish again. Trade with tight risk management.