$BTC /USDT ā BULLISH BREAKOUT ABOVE KEY RESISTANCE šš
Current Price: $109,517.84 (+0.10%)
24H Range: $108,331.03 ā $110,400.00
Volume: 15,612.66 BTC | $1.71B USDT
Exchange: BINANCE
š TECHNICAL ANALYSIS
Bitcoin is holding strong above $109K, showing bullish momentum on multiple timeframes (15m, 1h, 4h). The recent bounce from the intraday low signals strong buyer interest near the $108.3K zone. If the price sustains above $109.5K, it could trigger a rally towards new short-term highs.
š§± KEY LEVELS
Resistance:
š¼ $110,400 (Major breakout level)
š¼ $111,200 (Next bullish target)
Support:
š” $108,700 (Local support)
š” $108,000 (Strong support & invalidation zone)
š TRADE SETUP ā LONG POSITION
šÆ Entry: $109,500 ā $109,600
šÆ Take Profit (TP):
TP1: $110,400
TP2: $111,200
TP3: $112,000 (Extended target)
š Stop Loss (SL): $108,200 (Below major support)
ā ļø RISK MANAGEMENT
Use 1ā2% of your capital per trade. Always set SL and follow your plan ā avoid over-leveraging. šš¼
š„ Trend favors bulls ā trade with discipline!