š¢ $BTC
USDT BULLISH REVERSAL ā BUYERS PREPARING FOR A STRONG COMEBACK
Bitcoin is currently showing signs of a bullish reversal after holding a strong support zone, hinting that buyers are ready to push the price upwards for the next breakout move.
š Key Levels
Current Price: 107,704 USDT
Support Zone: 107,214 ā 107,515 USDT
Resistance Zone: 108,463 ā 109,075 USDT
š Trade Setup (Long)
Entry Zone: 107,500 ā 107,700 USDT
Take Profit Targets:
TP1: 108,463 USDT
TP2: 109,075 USDT
Stop Loss: 107,207 USDT
š” Market Outlook Momentum is building after a sharp drop was absorbed by strong buying pressure at the support zone. If the price sustains above 107,515 USDT, a move towards 109,075 USDT is expected with bullish volume picking up.
ā ļø Risk Management Enter with proper position sizing. Do not risk more than 1-2% of your total capital per trade to protect your portfolio from unexpected market volatility.
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