$BTC 1H Chart Overview

Current Price: Around $118,150

Nearest Support: $117,600 – if this breaks, price could drop to $117,000

Nearest Resistance: $118,800 – if this breaks, price could move up to $119,300–$119,500

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📝 Possible Trade Setups

1) Bullish (Buy) Setup

Entry: After a 1H candle closes above $118,800

Target 1: $119,300

Target 2: $119,800

Stop Loss: $118,400

2) Bearish (Sell) Setup

Entry: After a 1H candle closes below $117,600

Target 1: $117,100

Target 2: $116,600

Stop Loss: $117,950