$BTC /USDT ā Bullish Momentum Near Breakout šš
Bitcoin is trading at 121,839, up +1.70% in the last 24H, showing strong recovery from the 120,983 intraday support. The price is currently above all major EMAs ā EMA7 (121,499), EMA25 (121,067), and EMA99 (120,211) ā confirming an active bullish trend. The 15M chart shows higher lows forming, signaling strong buying pressure.
š¹ Support Levels:
121,499 (EMA7 ā short-term support)
121,067 (EMA25 ā trend support)
š¹ Resistance Levels:
122,000 (psychological barrier)
122,200 (24H high & breakout trigger)
š Trade Setup:
Entry Zone: 121,650 ā 121,850 after minor dips
Stop Loss: Below 121,067
Targets:
šÆ 122,000
šÆ 122,200
šÆ 122,350
š” Pro Tip: A breakout and close above 122,200 with high volume could pave the way for 122,800 ā 123,000. Consider using a trailing stop after TP1 to maximize profits while protecting gains.
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