๐จ $BTC /USDT โ Approaching All-Time Highs or Setting Up for a Pullback? ๐ฅ
#Bitcoin is holding strong above $118K, inching toward the $119K zone. Will it smash through resistance or face a healthy correction? Letโs dig in!
๐ Market Overview
๐ Current Price: $118,405.16
๐ 24h High: $118,741.77
โ๏ธ 24h Low: $116,359.89
๐ Parabolic SAR: $116,365.98 (Solid uptrend support!)
๐ MACD Momentum:
DIF: 420.75 (Strong bullish strength)
DEA: 310.40
MACD: 220.70 (Clear buy signal!)
๐ BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $117,700):
Entry: Above $118,500
Targets: $119,200, $120,500, $122,000+
Stop-Loss: $117,200
๐น Bearish Scenario (If BTC Falls Below $117,200):
Entry: Below $117,200
Targets: $116,000, $114,800, $113,500
Stop-Loss: $118,500
๐ Should You Hold or Sell?
โ Staying above $117,700 keeps the bullish breakout alive.
โ MACD momentum is showing no signs of slowing down yet.
โ ๏ธ A drop below $117,200 could trigger a deeper pullback toward $116K.
๐ก Pro Tip:
๐ Keep your eyes on the $119K resistanceโbreaking it with volume could send BTC toward $122K fast.
โ ๏ธ If volume fades near resistance, expect short-term selling pressure.
๐ข Whatโs your callโbullish breakout or topping out? Comment below!
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