BTC/USDT Trade Setup
📌 Setup Type: Breakout Trade
📈 Entry: On breakout above $118,500
🎯 Target: $123,000 (Short-term)
🛑 Stop Loss: $116,800 (Below last breakout structure)
🔁 Risk-Reward Ratio: ~1:2+
🔍 Trade Plan:
Entry Condition:
Enter a long position only if BTC closes a 1H candle above $118,500 with strong volume.
Target Levels:
🎯 TP1: $120,500 (partial booking)
🎯 TP2: $123,000 (full target)
Stop Loss:
🛑 SL at $116,800 to protect from fakeout or rejection.
Reason for Setup:
$118,500 is a strong resistance zone from previous highs.
If broken, momentum + short squeeze could take it towards $123K zone.
Structure supports continuation toward higher levels after breakout.
🧠 Pro Tip:
Wait for a confirmed breakout with strong volume (check Binance, Coinbase or TradingView volume bars). Don’t enter early.
📌 Mark levels on chart and set alerts:
✅ $118,500 breakout alert
❌ $116,800 SL alert
🎯 $120,500 / $123,000 profit zones
Follow for more trade setups, updates & risk-managed strategies.
🔥 Like | 💬 Comment | 💰 Tip if helpful!