๐Ÿšจ $BTC /USDT โ€“ Steady Climb or Fakeout? Hereโ€™s What You Need to Know! ๐Ÿง ๐Ÿ’ฐ

Bitcoin ($BTC ) is showing mild bullish momentum, up +0.46% on the day. But with volatility brewing and resistance nearby, is a breakout on the horizon or a trap for late buyers?

๐Ÿ“Š Bitcoin Snapshot

๐Ÿ’ต Current Price: $118,524.32

๐Ÿ“ˆ 24h High: $118,856.80

๐Ÿ“‰ 24h Low: $116,467.02

๐Ÿ“ฆ 24h Volume (BTC): 14,463.50

๐Ÿ’ฐ 24h Volume (USDT): $1.70B

๐Ÿ“… Time Frame: 15m โ€“ 4h โ€“ 1D

๐Ÿ“‰ Order Book Depth

๐Ÿ”บ Resistance:

โ€ข $118,668.78

โ€ข $118,563.93

๐Ÿ”ป Support:

โ€ข $118,207.46

โ€ข $117,746.14

โ€ข $117,284.81

โ€ข $116,823.49

โ€ข $116,467.02

๐Ÿง  Price Protection Zone: Around $116,362.17

๐Ÿ“ˆ BTC Trade Setup โ€“ What to Watch

โœ… Bullish Above: $118,600

๐ŸŽฏ Targets: $119,500 / $120,800 / $122,000

๐Ÿ›‘ Stop-Loss: $117,800

โŒ Bearish If Below: $116,800

๐ŸŽฏ Targets: $115,700 / $114,000

๐Ÿ›‘ Stop-Loss: $118,200

๐Ÿง  Analysis & Insights

๐Ÿ”น Price is trading above the key $118K zone with decent volume

๐Ÿ”น Immediate resistance at $118.6K โ€“ a breakout here could trigger $120K+

๐Ÿ”น Support holding strong at $116.4K โ€“ breakdown would shift momentum

๐Ÿ’ก Pro Tip:

Watch for a candle close above $118.6K on the 1h or 4h chart โ€“ it could ignite a momentum breakout. But if BTC stalls again near $118.8K, we might see short-term rejection or a false breakout.

๐Ÿ“ฃ Whatโ€™s Your BTC Plan Today? Long or Short?

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$BTC

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