🔥 $BTC

/USDT – Tracking the Next Move

Bitcoin is hovering around 114,406 after a recent dip. Momentum is slowing, and price is stuck between critical battle zones.

Key Levels (1H Chart):

• Resistance: 116,036 → 120,000 → 124,000

• Support: 114,314 → 111,756 (deeper risk zone)

Scenarios to Watch:

• Clear break above 116K → may drive momentum toward 120K → 124K.

• Rejection at 116K → could slide back toward 114K → 112K.

Trade Ideas (for study only, not financial advice):

• Breakout Long: H1 close above 116K, targets 120K → 124K.

• Pullback Long: Bounce from 112–114K zone, target 116K.

• Fade Short: Rejection wick at 116K, target 114K, stop above 117K.

Note: BTC remains volatile at these zones. Waiting for confirmation candles or retests helps avoid chasing false breakouts.

#BTC #CryptoTrading