๐ $BTC /USDT Analysis & Trade Setup
Bitcoin is currently trading around $118,534, showing strong bullish momentum after reclaiming support above $117,800. The next key resistance lies at $120,000, and a breakout above this level could open the way toward $122,400โ124,000 in the short term. On the downside, immediate support sits near $117,500, with stronger protection around $116,800.
โ Trade Setup:
Entry: $118,000 โ $118,600
Take Profit (TP): $120,000 โ $122,400 โ $124,000
Stop Loss (SL): $116,800
โ ๏ธ Risk management is keyโwait for confirmation near $120K before adding to positions.
