$BTC /USDT – Bullish Momentum Setup
BTC is trading at $117,469.11 (-0.55%) after bouncing from the $116,803.99 support level. Price is attempting to rebuild bullish momentum, with intraday highs near $119,216.82 serving as the immediate resistance to watch.
Trade Setup (Long):
Entry: $117,450 – $117,700
Take Profit 1: $118,100
Take Profit 2: $118,500
Take Profit 3: $118,900
Stop Loss: $117,000
Market Insight: With 13,556 BTC traded in the last 24h and price holding above key support, sustained buying pressure could drive BTC toward the $118,900 level. A confirmed break above $119,216.82 would strengthen the bullish case for further upside.