$BTC /USDT – Breakout Brewing as Tight Range Holds Strong 🚀
$BTC is coiling up in a tight range, moving sideways between solid support at $116,000 and heavy resistance at $120,000 for the past 4–5 days.
This consolidation signals a big move is brewing — bulls are holding the $116K zone firmly, while sellers are putting up a fight at $120K.
A confirmed breakout above $120K could spark a sharp rally toward $122,500+ and open the door for further upside momentum. On the flip side, if $116K cracks, expect increased sell pressure that could drag BTC down toward $114,200.
Key Levels:
✅ Support: $116,000
✅ Resistance: $120,000
✅ Breakout Target: $122,500+
✅ Breakdown Risk: $114,200
Stay patient and wait for a clean breakout or breakdown confirmation before taking new positions. Range trades between $116K–$120K remain valid until the market picks a side.
