Trade Signal for $BTC /USDT (Long Trade – Bullish Continuation)
Entry Zone: $103,000 - $103,500 (Near Current Price & 24h Low Support)
Targets (Take Profit):
TP1: $105,500 (Minor Resistance)
TP2: $106,500 (24h High Breakout)
TP3: $108,000+ (Extended Upside if Momentum Holds)
Stop Loss : $101,800 (Below 24h Low for Safety)
Bullish Rationale:
1. Price Stability: Holding above $103,000 despite volatility, showing resilience.
2. Volume Backing: 1.72B USDT 24h volume confirms strong liquidity.
3. Higher Low Structure: If $102,345 (24h Low) holds, uptrend remains intact.
Confirmation Needed:
Bullish candlestick patterns (hammer, bullish engulfing) near $103,000.
Break above $104,500 could accelerate buying.
Risk Warning:
A drop below $101,800 invalidates the setup (potential false breakout).
Optional Indicators:
RSI > 50 (Bullish momentum)
MACD Histogram Turning Positive
Scalping Option:
Buy dips to $103,000 for quick $104,500 exit.
Trade here $BTC