📊 $BTC /USDT – Consolidating Near Resistance
Bitcoin is trading at $116,657 (-0.20%) after testing resistance around $117,944. The price is currently moving sideways within the range, with key support holding near $115,761.
Key Levels to Watch:
Resistance: $117,944 – Breakout here could target $119,000+
Support: $115,761 – Losing this may open a drop toward $113,580
Trade Plan:
Bullish Entry: Above $117,950, targets $119,000 and $120,500
Bearish Entry: Below $115,760, targets $114,400 and $113,580
BTC is in a consolidation phase — the next breakout will likely define the short-term trend. 📈📉