$BTC /USDT BULLISH REVERSAL SETUP AFTER STRONG REJECTION FROM DEMAND ZONE

Bitcoin has bounced off the highlighted demand zone, forming a potential bullish reversal pattern. The recent bullish engulfing candle signals buying pressure after multiple rejections from the lower support. Price is now eyeing a move back toward the previous resistance zone, which was tested multiple times and failed to break.

Trade Setup: Long Entry

Entry Zone: 113,800 – 114,200

Target 1 (TP1): 118,500

Target 2 (TP2): 121,000

Final Target (TP3): 123,200

Stop Loss (SL): 109,300

Risk Management:

Use 1–2% of your capital per trade. Adjust position size based on your risk tolerance and maintain discipline to avoid overexposure.

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