$BTC /USDT LONG TRADE SETUP – STRONG INTRADAY REVERSAL 💯
Market Structure: Price has sharply reversed from the intraday low of 116,299 with a strong bullish breakout candle, reclaiming key short-term resistance.
ENTRY LEVEL:
Enter long between 116,850 – 116,950 after a small pullback to confirm support.
STOP LOSS:
Place stop loss below 116,500 to protect against quick reversals.
TARGET POINTS:
TP1: 117,200
TP2: 117,500
TP3: 117,900
TRADE ANALYSIS:
BTC has shown a strong V-shaped recovery, breaking multiple minor resistances in one push. Buyer momentum is picking up, suggesting a possible continuation if the price holds above the 116,800 zone. Watch for volume confirmation to sustain the move.
