$BTC /USDT BULLISH LONG SETUP
Bitcoin is holding strong above key support near 116,800 and showing buying pressure around the demand zone. Price is consolidating just under resistance at 117,900, and a breakout above this level may trigger further upside momentum. Market structure remains bullish with higher lows forming on lower timeframes, suggesting continuation to the upside.
LONG ENTRY: On breakout and retest above 117,900–118,000 zone.
TARGETS (TP):
TP1: 118,800
TP2: 119,600
TP3: 120,500
STOP LOSS (SL): 116,700 (below recent support zone)
RISK MANAGEMENT: Use proper position sizing, risk only 1-2% per trade, and trail stop-loss after TP1 to secure profits while minimizing downside exposure.
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