$BTC /USDT BULLISH SETUP – EYEING $120K NEXT! 🔥
Bitcoin is trading at $115,515, holding steady after a slight pullback. Bulls are still defending support levels, and the next breakout could push BTC toward $120K.
🔑 Key Levels:
Support: $114,500 🛡 (critical short-term base)
Resistance: $116,500 🔼 (first breakout zone)
Major Resistance: $118,000 – $120,000 🚀
Current Price: $115,515
📊 Indicators:
BTC is consolidating above MA(25 & MA(99) → bullish structure intact
RSI around 60 → healthy, not yet overbought
Increasing demand near $114.5K → strong buyer interest
🎯 Trade Setup (Long):
Entry Zone: $114,800 – $115,500
Targets (TP):
TP1: $116,500
TP2: $118,000
TP3: $120,000 (psychological level)
Stop Loss (SL): $113,500
⚖️ Risk Management:
Stick to 1–2% risk per trade, trail SL once price crosses $118K to lock in profits.
🔥 If Bitcoin holds above $114.5K, the path to $120K looks clear!