💰 $BTC /USDT – Holding Strong Near $120K! Is the Next Breakout Coming? 🚀🔥
Bitcoin is showing resilience, currently trading at $119,828, just shy of its $120,192 daily high. Despite a tight range, the market is gearing up for a decisive move as volume remains strong at 17,368 BTC.
📊 Market Snapshot:
24h Low: $118,050
Current Support: $118,700 – $118,050
Immediate Resistance: $120,200 – $121,300
Trend: Consolidation near highs, eyeing breakout continuation.
🎯 Trade Setup:
Entry: $119,500 – $119,800
TP1: $120,500
TP2: $121,300
Stop Loss: $118,500
💡 Analysis:
If BTC pushes past $120,200 with volume confirmation, we could see a sharp run toward $122K+. A pullback toward $118K may offer a strong re-entry zone for buyers.