#BTCUSDT $BTC

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- *Current Price*: $118,706.65

- *Resistance Levels*:

- Immediate resistance: $119,940 USDT

- Next hurdle: $125,724-$126,000

- Further resistance: $130,000-$132,000

- *Support Levels*:

- Immediate support: $117,280 USDT

- Key support zones: $116,250 and $115,222 USDT

- Strong support: $110,000 (confluence of old FVG and Fibonacci retracement 0.5)

As for long-term trade, here are some potential setups:

- *Long Setup 1*: Entry above $85,500, stop-loss at $83,500, targeting $88,500 and $91,000. Confirmation requires a daily close above $85,500 with strong volume.

- *Long Setup 2*: Entry above $86,204, stop-loss at $83,954, targeting $89,594 and $93,531. Look for volume confirmation and a strong bullish candle close.

- *Long Setup 3*: Entry above $88,917.08, stop-loss at $87,259.45, targeting $91,630.36 and $94,586.34. Ensure strong buying volume above $88,917.08 for momentum ² ³ ⁴.