$BTC LONG TRADE SIGNAL š¢ ā STRONG BOUNCE FROM DEMAND ZONE SHOWS BUYER STRENGTH
#Bitcoin has bounced cleanly off the 117,900 support zone, forming a bullish engulfing pattern. The recovery is backed by volume and structure, targeting a move back above 119,000. A well-positioned long setup is now in play.
š Trade Setup
Entry Point: 117,950 ā 118,100
Stop Loss: 117,155
Take Profit:
ā¢ TP1: 118,600
ā¢ TP2: 119,000
ā¢ TP3: 119,318
š¼ Margin: 2ā3% of wallet
āļø Leverage: 10x
Market Outlook:
After a significant drop, BTC respected the key support area and reversed with strength. If price holds above 117,900, momentum could favor bulls short-term. Watch for follow-through candles and volume increase above 118,400 for confirmation.