$BTC /USDT: Bullish Move Towards New Highs – Trade Setups and Targets 🎯
Current Price: $103,200 (+2.17%)
24H High: $103,490 | 24H Low: $100,609
Volume ($BTC ): 16,426 | Volume (USDT): 1.68B
🎯 Key Targets for $BTC /USDT
Target 1: $103,900
Target 2: $104,500
Target 3: $105,200
📈 Long Trade Setup
Entry Zone: $103,000 - $103,200
Stop Loss: Below $102,500
Targets: $103,900 / $104,500 / $105,200
✅ Rationale: BTC is showing a clear uptrend after breaking above the $103,000 resistance. Strong volume supports the upward momentum, with potential to test higher psychological zones around $105,000.
📉 Short Trade Setup
Entry Zone: $103,900 - $104,200
Stop Loss: Above $104,600
Targets: $103,200 / $102,800 / $102,500
⚠️ Rationale: If BTC faces rejection near $103,900 or $104,500 resistance, a pullback may follow. Traders should monitor for bearish confirmation before entering short positions.
Market Insights
Support Levels: $102,577 / $101,521
Resistance Levels: $103,490 / $104,500
BTC remains bullish, fueled by strong buy volume and key breakout levels. Traders should watch for continuation signals above $103,500 or signs of exhaustion for reversals.
Trade responsibly and stick to your strategy!
Stay Ahead, Stay Profitable 🚀
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