Bitcoin rebounded strongly from the $103,000 support zone and is now trading near $104,585 with bullish momentum. The recent higher low formation and strong green candles indicate buyer interest reclaiming short-term control.
Trade Setup
Entry Price: $104,300 – $104,600
Take-Profit Targets:
TP1: $105,100
TP2: $105,600
Stop Loss: $103,700
Why Long? BTC broke out of the local consolidation and held above key EMA levels on the 1H chart. With rising volume and higher low structure, bulls may push price towards the 105K+ zone again. The momentum favors an upward move unless invalidated by a breakdown.
Risk Management Tip: Use a trailing stop once TP1 hits to secure profits and reduce risk on trend continuation setups.
Buy and Ride the Wave on $BTC/USDT
Don’t let this breakout fly without you — enter smart, exit richer! Ride the momentum before it fades — profits favor the fearless!
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