$BTC /USDT BULLS DEFENDING KEY LEVEL — POTENTIAL UPSIDE MOMENTUM
Bitcoin is holding above the MA60 at $112,746, showing signs of strength after bouncing from the $110,862 support. Buyers are stepping in aggressively, and the price is attempting to stabilize for another push toward the recent high at $113,485. If bulls maintain control, momentum could drive BTC higher in the short term.
Trade Setup (Long):
Entry Zone: $112,700 – $113,000
Take Profit 1: $113,300
Take Profit 2: $113,800
Take Profit 3: $114,500
Stop Loss: $112,100
Market Outlook:
BTC’s recovery above MA60 signals bullish strength with demand holding strong around support. If it sustains above $112,700, buyers may attempt another breakout toward $114K levels. Momentum is leaning bullish, but a breakdown below $112,100 would flip bias back to bearish.
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