$BTC

/USDT BULLISH CONTINUATION SETUP

BTC/USDT is showing signs of bullish continuation after bouncing from strong support near 112,000–112,400. The price is testing the resistance zone around 112,800–113,200, indicating a potential breakout if buying pressure persists.

Trade Setup:

Entry (Long): 112,700–112,800

Target 1 (TP1): 113,200

Target 2 (TP2): 114,000

Stop Loss (SL): 111,600

Analysis:

Price is maintaining above short-term support, suggesting buyers are in control.

Consolidation near resistance levels indicates a likely upward move if the breakout confirms.

A drop below 111,600 may signal short-term weakness and potential retracement.

Risk Management:

Maintain disciplined position sizing and keep SL active to mitigate downside risk. Avoid chasing price during high volatility periods.

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