$BTC /USDT – Cautious Long Setup as Bulls Hold Ground
Current Price: $118,751
24H Range: $116,128 – $119,233
24H Volume: 20,092 BTC
Market Insight:
Bitcoin is holding just below the key $119,000 level after testing support at $116,128. Volume is healthy, but resistance around $119,200 remains a challenge.
Trade Setup:
Buy Zone: $118,200 – $118,800
Stop Loss: $117,000
Target 1: $119,800
Target 2: $120,600
Extended Target: $121,500
If $119,800 breaks, we may see BTC testing $120k+ quickly. Caution if price loses $117,000 — it could revisit $116k support.