$BTC /USDT
🔸 The level of $114,000–$115,000 is being tested as key resistance, with recent rejections around $115,700–$116,000.
🔹 If BTC confirms a breakout and closes several candles above $116,500–$117,000 with solid volume, it is likely to target $122,000–$123,000 initially.
🎯 Next short-term target: $122,500–$123,000 (may extend to $127K–$130K after confirmation).
⚠️ Warning: there is a risk of overbought conditions and possible false breakouts if confirmed volume is not achieved. There may also be a correction towards $113,000–$114,000 or even down to $110,000 if support fails.
✅ Should I buy again now?
If you already took profits near $114K–$115K, waiting for a retracement towards $113K–$114K or even down to $110K–$112K to look for support signals might be smarter now.
📌 Current recommendation:
Action Condition to do it Target Stop-loss
✅ Buy Only if it breaks and confirms above $116,500–$117,000 with volume $122,500–$123,000 $113,000
🔁 Wait If it returns to the $113,000–$114,000 zone and shows clear support $122,500–$123,000 $110,000