$BTC /USDT – 4H Trade Setup
Market Insight:
$BTC is currently trading at $114,220, slightly down 0.21% in the last 24h. After tapping a high of $115,720, price is consolidating near the 114k–115k zone. This range suggests potential accumulation or distribution before the next impulse.
Entry Zone:
$113,800 – $114,300
(Based on support reaction near 114k zone and wick rejections around $113,983)
Targets:
$115,500 – First resistance and high of day
$117,000 – Round number resistance / breakout target
$118,300 – Extension level / upper liquidity zone
Stop Loss:
$112,700
(Below the previous key support area to avoid volatility wicks)
Key Levels:
Support: $113,800 / $114,100
Resistance: $115,720 / $117,000 / $118,300
Pivot: $114,711
Pro Tip:
If BTC continues to form higher lows above $114k with declining volume on dips, look for a breakout entry above $115.7k for momentum play. Use tight trailing stop if trading the breakout.
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