Trade plan for $BTC /USDT at ~$118,149:
Entry Zone: $117,800–$118,200 — aligns with swing support and recent pennant base area .
Stop Loss: $115,800 — just below the pennant’s lower boundary and key support .
Target 1: $122,500 — near breakout resistance from the recent ATH range .
Target 2: $125,000 — next swing high after consolidation above ATH .
Final Target: $134,500 — based on cup‑and‑handle bullish pattern with ~14% upside .
Risk Management:
Risk 1–2% of your portfolio per trade. Position size so SL equals max risk. After Target 1 hits, shift SL to breakeven. Post‑Target 2, trail stop under higher lows. Watch volume and MACD/RSI to confirm momentum.
