$BTC /USDT
🔥 BTC is showing strong bullish momentum as it shoots past resistance and continues to set new higher highs! The buying pressure is intense — let's ride this wave to new heights! 🚀
BullishBanter
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Bullish
$BTC /USDT Market Update – Bulls Regain Full Control
#Bitcoin has staged a strong recovery, climbing back to $116,979 with solid buying pressure. Today’s price action shows a clear rejection of lower levels near $116,299, followed by an aggressive breakout towards the $117,000 zone.
Key Levels to Watch
Immediate Resistance: $117,270 – A breakout above this could open the path toward $118,200 and $119,500.
Support Zone: $116,400 – Holding this level will maintain bullish momentum; losing it may trigger a short-term pullback.
Trade Setup
Entry Zone: $116,700 – $117,000 (on breakout confirmation)
Stop Loss: Below $116,300
Target 1: $118,200
Target 2: $119,500
Risk Management
Always risk no more than 2% of your capital per trade. Scale out profits at target levels to secure gains and adjust stop loss to breakeven once Target 1 is hit.
Outlook
Momentum indicators remain in favor of the bulls, and if the buying volume continues, we could see a sustained rally toward the next major resistance zones. The market sentiment is still leaning bullish, and every dip is being aggressively bought up.
$BTC
#Bitcoin has staged a strong recovery, climbing back to $116,979 with solid buying pressure. Today’s price action shows a clear rejection of lower levels near $116,299, followed by an aggressive breakout towards the $117,000 zone.
Key Levels to Watch
Immediate Resistance: $117,270 – A breakout above this could open the path toward $118,200 and $119,500.
Support Zone: $116,400 – Holding this level will maintain bullish momentum; losing it may trigger a short-term pullback.
Trade Setup
Entry Zone: $116,700 – $117,000 (on breakout confirmation)
Stop Loss: Below $116,300
Target 1: $118,200
Target 2: $119,500
Risk Management
Always risk no more than 2% of your capital per trade. Scale out profits at target levels to secure gains and adjust stop loss to breakeven once Target 1 is hit.
Outlook
Momentum indicators remain in favor of the bulls, and if the buying volume continues, we could see a sustained rally toward the next major resistance zones. The market sentiment is still leaning bullish, and every dip is being aggressively bought up.
$BTC
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