$BTC /USDT Bulls Breakout Setup 💎
Bitcoin slipped to a low of $111,684 before bouncing back above $112,200. The pair is consolidating after rejecting resistance near $113,995, with bulls now defending the lower range.
If momentum holds, $BTC could attempt another breakout toward key resistance levels.
🔑 Key Levels
Support: $111,700 – $112,000
Resistance: $113,600 – $114,000
Breakout Zone: Above $114,000 with strong volume
📈 Trade Setup
Entry: $112,200 – $112,500 (current support region)
Stop Loss: $111,400 (below recent swing low)
Target 1: $113,600
Target 2: $114,000
Extended Target: $115,200+ if momentum builds
📊 Market Sentiment
Sentiment is cautiously bullish after buyers defended the $111,684 floor.
A strong breakout above $114,000 would confirm renewed bullish strength, opening the path toward $115K+. If price falls below $111,400, the bullish scenario weakens.
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