$BTC /USDT EYEING A BREAKOUT – BULLS TEST KEY RESISTANCE!
Bitcoin has recovered strongly from $112,566 support and is now retesting the $113,700–$113,800 resistance zone. A decisive push above this range could open the way toward the $115,000–$116,000 region, where major supply sits. Bulls are steadily absorbing sell pressure and building momentum.
Trade Setup (Long):
Entry Zone: $113,500 – $113,800
Take Profit 1: $115,200
Take Profit 2: $116,500
Stop Loss: $112,600
Market Outlook:
The intraday structure is bullish with higher lows forming since the last dip. Momentum indicators support continued upside if BTC can sustain above $113,500. However, failure to clear $113,800 resistance may lead to a short-term pullback before the next leg higher.