š Trade Signal: $BTC /USDT
Entry Zone: 121,500 ā 123,000
Current Price: 122,000 USDT
Market Context: Pullback after new all-time high; price is retesting key support at $120K
Take Profit Targets:
ā¢ TP1: 128,000
ā¢ TP2: 133,500
ā¢ TP3: 139,000
Stop Loss: 118,500
Risk/Reward Ratio: High-probability setup with favorable upside if $120K holds as support
Technical Insight:
Price is consolidating above the $120K demand zone
RSI is cooling off from overbought, now resetting for potential continuation
MACD nearing a bullish crossover on the 4H timeframe
Previous resistance at $120K now acting as strong support (role reversal)
Strategy Note:
Watch for bullish confirmation (e.g., bullish engulfing or strong 4H candle close) before full entry. Avoid overleveraging; volatility remains high.
This setup is ideal for short- to mid-term swing traders looking to capture continuation momentum post-retest.
Let me know if you want a similar signal for ETH, SOL, or any altcoins.
#CPIWatch #REVABinanceTGE #ETH5kNext? #DeFiGetsGraded #BTCBreaksATH $BTC