$BTC USDT – LONG TRADE SIGNAL🟢
🔹 Rebound from Demand Zone Near $117,500
🔹 Eyeing Recovery Toward Major Resistance at $120K
Bitcoin has bounced strongly from the $117,500 support after a sharp decline, forming a local bottom and now challenging short-term resistance near $118,400. The price is showing signs of bullish momentum and could extend higher toward the $119,400 and $120,000 supply area if it breaks and sustains above $118,250.
🟢 Trade Setup:
• Entry Point: $118,200 – $118,400
• Stop Loss: $117,450
• Take Profit:
• TP1: $119,050
• TP2: $119,465
• Margin: 2–3% of wallet
• Leverage: 10x
📊 Market Outlook:
BTC is attempting a recovery from oversold conditions and reclaiming lost levels. If volume confirms, bulls may retest the $120K barrier soon.
