$BTC /USDT Price Action Bulls Back in Command

Bitcoin has bounced back strongly, pushing to $116,979 with firm buying interest. Today’s session saw a solid defense near $116,299, followed by a sharp push toward the $117,000 mark.

Levels to Monitor

Resistance: $117,270 – Clearing this could open the way to $118,200 and $119,500

Support: $116,400 – Staying above keeps momentum strong; falling below could invite a short pullback

Trade Plan

Entry: $116,700 – $117,000 (on confirmed breakout)

Stop Loss: Below $116,300

TP1: $118,200

TP2: $119,500

Risk Control

Limit exposure to max 2% of your account. Lock partial gains at TP1 and shift SL to breakeven once reached.

Market View

Indicators still favor bulls. Continued buying strength could drive an extended run toward higher resistance levels, with dips quickly snapped up.