🚨 $BTC /USDT – Momentum Reloaded, Breakout Eyes On! 🚀
Bitcoin is heating up again! After a clean bounce from the $116,467 support zone, price is now hovering around $117,953 and building serious momentum. Eyes are now locked on the key resistance at $118,200+ – a breakout above this could ignite the next bullish leg.
📈 Trade Setup:
• Entry Zone: $118,100 – $118,250 (on confirmed breakout)
• Stop Loss (SL): $117,300
• Target 1 (TP1): $118,800
• Target 2 (TP2): $119,600 ✅
⚡ Technical View:
1H chart shows higher lows and strong candles approaching resistance with volume. A clean close above $118,250 may trigger fast upside continuation.
🛡 Risk Note:
If BTC fails to hold breakout and dips below SL, expect downside pressure. Use calculated position sizing.
🔄 Strategy Breakdown:
This is a momentum breakout play – buyers stepping in off support, testing resistance for a possible continuation. Entry aims to capture the breakout leg with tight SL and layered take-profits.
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