๐ $BTC /USDT โ Eyes on the Big Reversal! ๐ฅ
$BTC is hovering at 112,761, showing signs of gearing up for a major bullish move. After bouncing from the recent lows near 112,000, the market flipped the script, with buyers stepping in hard to push towards the 122,500 supply zone. Now, BTC is coiling inside a massive symmetrical triangle, waiting for the next breakout.
๐ Trade Setup:
โข Entry Zone: 112,000 โ 113,000
โข Target 1 (TP1): 115,500
โข Target 2 (TP2): 117,000
โข Target 3 (TP3): 118,500 โ
โข Stop Loss (SL): 111,200
โก Technical View:
BTC is at a key liquidity zone. A dip into 112kโ113k could trigger a rapid bullish flip, reclaiming control for the buyers and setting up a clean run to 118,500. Volume contraction in the triangle signals a potential explosive move once breakout momentum kicks in.
๐ก Risk Note:
Break below 112,000 invalidates the thesisโtight SL advised and always manage position sizing.
๐ Strategy Breakdown:
Wait for a short pullback into the demand zone for confirmation. Once 113,000 is defended, the path is clear for a rotation towards prior highs. The triangle squeeze sets the stage for a strong, impulsive breakout.
๐ข Follow CTA:
Keep your eyes locked on this setupโmiss this reversal, miss the move!