💥$BTC Testing the Peaks!🔥
🌟Current Price: 88,119.94 USDT (+0.73%)
🌟24-Hour High: 88,877.00 USDT (Key breakout level)
🌟24-Hour Low: 86,389.78 USDT (Critical support zone)
🌟24-Hour Volume: 27,669.15 BTC / 2.42B USDT
⚡BTC is consolidating near its 24-hour high at 88,877.00 USDT, suggesting strong bullish momentum. The 1-hour candlestick chart reflects consistent upward movement, with increasing interest visible in the volume spikes. Indicators such as RSI and MACD show sustained bullish pressure, hinting at the possibility of a breakout above resistance.
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Breakout Trade
👉Entry Point: Enter above 88,900 USDT (on confirmed breakout with rising volume).
👇Take-Profit Targets:
🎯TP1 (1:1): 89,200 USDT
🎯TP2 (1:2): 89,500 USDT
💢Stop Loss: Below 88,500 USDT
🎖️Bearish Scenario
Type: Short Setup (if price fails at resistance)
👉Entry Point: Enter below 86,200 USDT (confirmed breakdown with increased selling pressure).
👇Take-Profit Targets:
🎯TP1 (1:1): 86,000 USDT
🎯TP2 (1:2): 85,700 USDT
💢Stop Loss: Above 86,500 USDT
⚡Risk Management Strategy ⚠️
For the Bullish Setup, once TP1 (89,200 USDT) is hit:
Move Stop Loss to Breakeven (Entry Price).
Book 50% of trade quantity, locking in profit while leaving room for potential upside.
For the Bearish Setup, adopt the same approach after TP1 (86,000 USDT) is hit to secure gains and minimize risk.
⚡Key Notes ✍️
1. Monitor the 88,877.00 USDT resistance level closely—confirmation with high volume is essential for a valid breakout.
2. Keep an eye on market sentiment and macroeconomic news that could impact BTC’s momentum.
3. Patience is vital—wait for clear confirmation signals before executing trades to avoid false.
Disclaimer: #DYOR*
Buy Or Trade With Me On $BTC