$BTC /USDT BULLISH GRIND HIGHER – NEXT LEG INCOMING?
Current Price: $108,682.91
24h Change: +0.37%
Volume: 8,208 BTC / $892.79M USDT
TECHNICAL ANALYSIS:
Bitcoin continues to show strength, slowly grinding higher after bouncing from the $108,096 support. The price is currently holding above mid-range and building pressure just below key resistance.
🔹 Key Levels:
Support 1: $108,000
Support 2: $106,500
Resistance 1: $109,200
Resistance 2: $110,800
BTC is trading at $108,682, close to resistance. A clean breakout above $109,200 could trigger strong momentum and a push toward higher highs.
TRADE SETUP (LONG):
Entry: On breakout above $109,200
Targets (TP):
TP1: $110,800
TP2: $112,500
TP3: $115,000
Stop Loss (SL): $107,500 (below local structure)
RISK MANAGEMENT:
Risk 1-2% max per position. Confirm breakout with volume and candle close above resistance. Use trailing SL once TP1 is reached to lock in gains.
BTC remains king — all eyes on $109K breakout for next macro move!
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