🚀 #Bitcoin Holding Key Support – Long Opportunity Ahead
$BTC /USDT is trading near $119,164 (-1.97%), consolidating just above the crucial $117,632 support after a sharp pullback from $124,474. Despite the correction, buyers have stepped in to defend the $117K–$118K zone, suggesting potential for a bounce if momentum picks up. A reclaim of the $121K level could trigger fresh bullish momentum toward recent highs.
Long Trade Setup:
Entry: $118,800 – $119,300
Target 1: $121,200
Target 2: $122,800
Stop Loss: $117,500
A strong push above $121,200 would signal buyer strength, opening the door to retest $124,000. Failure to hold $117,500, however, would invalidate this bullish setup.