$BTC
/USDT BULLISH BREAKOUT IN SIGHT – READY TO RALLY!
The BTC/USDT pair shows strong bullish momentum as it recently bounced off key support at $28,500. The price has broken above the short-term resistance near $29,200, indicating a likely continuation to the upside. Increasing volume confirms buyer interest, suggesting that bulls are taking control. Immediate resistance lies around $30,000, and a sustained move above this level could trigger further gains.
Trade Setup:
Entry (Long): $29,250
Take Profit (TP): $30,000 / $30,500
Stop Loss (SL): $28,700
Market Outlook:
The overall trend remains bullish as long as price stays above the $28,500 support. Watch for pullbacks near the support levels for potential entries. Momentum indicators suggest continued buying pressure in the short term.
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