$BTC Trade Signal – 18 May 2025

Bitcoin is showing signs of a potential breakout as it consolidates above key moving averages on the 30-minute chart.

Current price: $103,599.42

24h Range: $102,640 – $103,685

Long Entry:

Buy above $103,700, targeting $104,550 and $105,000.

Stop-loss: $103,100

Short Entry:

Sell below $102,900, targeting $101,900 and $101,400.

Stop-loss: $103,600

Volume is picking up, with 24h volume at 947M USDT, suggesting momentum building.

MA convergence (7, 25, 99) indicates bullish potential, but rejection at resistance could trigger a reversal.

Monitor closely for confirmation before entering, and manage risk accordingly.

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