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$BTC /USDT - Range Bound Consolidation Play ✨
📌 Coin/Pair:
$BTC /USDT
✅ Entry Zone: 109,800 – 110,300
🎯 Targets (TP):
TP1: 111,216 (24h High)
TP2: 112,000
TP3: 113,500
🛑 Stop-Loss (SL): 109,500
Support & Resistance:
Strong Support: 109,500 - 109,800
Key Resistance: 111,216 (24h High)
📊 Strategy: Range Breakout Setup 🚀
Rationale:
BTC is consolidating in a tight range near the $110K level, showing stability after recent moves. The price is trading between clear support at 109,768 and resistance at 111,216, creating a perfect range-bound setup. The 109,800-110,300 entry zone offers low-risk exposure with the monthly KSI signaling sustained uptrend momentum.
With massive volume (5.96B USDT) and Bitcoin holding strong above $110K, any breakout above the 24h high could trigger significant momentum toward higher targets. This is a classic accumulation pattern before the next major move.
Note: Bitcoin dominance play - safest crypto trade with clear technical levels!
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