$BTC USDT BULLISH CONTINUATION WITH STRONG BUYING VOLUME
The $BTC USDT quarterly futures contract is showing bullish continuation, holding above key support near 117,500 and pushing toward the 24-hour high at 119,108. The substantial 24-hour volume of over 9.5 million BTC confirms active buying interest. Price is maintaining above the 118,000 psychological level, suggesting momentum for further upside.
LONG ENTRY: Enter long on a confirmed close above 119,100 to capitalize on the ongoing rally.
TARGETS:
First target at 120,000
Second target at 121,500
STOP LOSS: Place stop loss below 117,400 to manage risk effectively.
RISK MANAGEMENT: Maintain a risk-to-reward ratio of at least 1:2. Limit risk per trade to 1-2% of total trading capital.
This setup offers a favorable bullish opportunity as $BTCUSDT looks poised to extend its upward move.
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