$BTC /USDT – LONG TRADE SIGNAL: BOUNCE FROM DEMAND ZONE NEAR $116.8K SUPPORT
AFTER REJECTING 120K, PRICE PULLED BACK INTO 116.8K SUPPORT.
STRONG BUYING WICK PRINTED FROM LOCAL LOW, INDICATING BUYER INTEREST.
Trade Setup:
Long Entry: $117,400 – $117,700
Targets:
TP1: $118,700
TP2: $119,800
Stop Loss: $116,450
Market Outlook:
Bitcoin is attempting to hold the higher low structure while consolidating inside a potential bullish continuation range. A move above $118K may trigger further upside toward previous highs.
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