$BTC USDT — BULLISH REVERSAL SETUP IN PLAY
#Bitcoin is testing a strong intraday support zone around 119,600 after a sharp corrective move. Price has formed a base and is showing early signs of bullish momentum, with upside potential toward the recent resistance levels. If buyers hold this support, we could see a strong push toward the 121K+ zone.
Trade Setup (Long):
Entry Zone: 119,600 – 119,700
Target 1: 120,889
Target 2: 121,345
Stop Loss: 119,491
Market Outlook:
Short-term momentum favors buyers if support holds. Volume spikes near support indicate accumulation, and a break above 120,000 could accelerate gains toward the higher targets. Watch for a decisive bullish candle close above the entry zone.
