$BTC /USDT – 4H Trade Setup
Market Insight:
$BTC is consolidating just below key resistance around $118,500, with short-term MAs (7 and 25) flattening out—suggesting indecision. Despite a minor -0.20% dip, price is still trading in a healthy range above key support at $117,200. Volatility is compressing, signaling a possible breakout.
Entry Zone:
$117,300 – $118,000
(Optimal area near support with MA(7) as soft cushion)
Targets:
🎯 Target 1: $118,730
🎯 Target 2: $119,230
🎯 Target 3: $120,500 (if breakout sustains)
Stop Loss:
🔻 $116,700
(Below recent swing low and key support zone)
Key Levels:
Resistance: $118,500, $118,730, $119,230
Support: $117,200, $116,700, $116,200
MA Cluster: MA(7) at $117,884 & MA(25) at $118,032
Volume Note: Low 4H volume (305 BTC) suggests traders are waiting for confirmation.
Pro Tip:
If BTC breaks and closes above $118,730 with strong volume, momentum may shift bullish quickly. Consider scaling in at $117.3K–$118K and tightening stops on approach to $119.2K.
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