$BTC
/USDT Strong Momentum Heating Up.!🔥🚀💯
Current Price: $118,897
24h Range: $116,128 – $119,234
Volume: 2.37B USDT
Momentum: Mild bullish recovery from intraday low
Bitcoin is consolidating just below the key resistance at $119,600, with bullish pressure building. Short-term sentiment favors upside if momentum continues, especially if it breaks above the recent high.
Trade Strategy:
Entry Zone: $118,600 – $119,200
(Prefer pullback entries for better risk-reward)
🎯 Targets:
1. $120,500 – Near resistance and psychological level
2. $122,300 – Next resistance from previous wick rejections
3. $125,000 – Major breakout level with strong upside momentum
Stop Loss: $117,500 (below recent support zone)
Trade Momentum:
Bullish Bias – Moderate
Watch for a 1H or 4H close above $119,600 to confirm continuation. Volume support is strong, but BTC needs a breakout push soon or may slide into another consolidation phase.
Tip: Avoid chasing at the top of candles—use retracements and volume spikes to confirm smart entries.
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