$BTC

🧭 If you want to understand the market trend, just analyze BTC’s direction. So let's dive in — follow me…

📊 Based on the current BTC/USDT chart, here is a Long Trade Setup you can consider:

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✅ Trading Plan (Long Position):

📍 Entry Point: Around $117,800

(BTC is currently consolidating near this level, just below recent highs.)

🛑 Stop Loss: $116,100

(Below the 24h low and a key support zone — to limit risk in case of a sudden drop.)

🎯 Take Profit: $123,000

(Near the recent peak at $123,218, a strong resistance where selling pressure previously kicked in.)

📈 Resistance Level:

First: $118,600 (minor resistance to break through)

Major: $123,000 – $123,200

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📊 Technical Snapshot:

MA(7) above MA(25) and MA(99) = Bullish momentum

RSI(6) at 59.72 = Moderate strength, room to grow before overbought

Candlestick pattern = Sideways consolidation after strong uptrend (possible continuation)

📌 Success Probability:

🔥 Long Position: HIGH

Market structure favors buyers

RSI shows strength but not overheated

MA crossover supports upward movement

⛔ Short Position: LOW

Bearish signals are not dominant

No breakdown below key support levels

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💹 Buy or Sell?

✅ BUY (Long bias favored)

Especially if BTC breaks above $118,600 with volume

Monitor volume and RSI for entry timing confirmation

❌ SELL

Only consider if BTC drops below $116,000 with high sell pressure