🚨 $BTC /USDT – Breakout or Pullback?

Current Price: 113,882

High of the day: 114,500

Low: 112,924

📊 1H Chart Analysis

Bitcoin is showing strength after bouncing from 109,977, forming higher highs and higher lows. It recently hit 114,500, facing resistance and now consolidating around 113,880.

🟩 Bullish Signals:

- Strong volume spikes

- RSI(50) at 56.99, suggesting there's still room before overbought

- MA(5) and MA(10) trending upward

🔧 Trade Setup (Long Bias):

Entry Zone:113,600 – 113,800

🎯 TP1:114,500

🎯 TP2: 115,800

🎯 TP3:117,000

🛑 Stop Loss: Below 112,700

Leverage: 5x–10x (with strict risk control)

Trade Now: $BTC

BTCUSDT

Perp

73,890.2

-4.45%

📌 Pro Tip: A confirmed breakout above 114,500 with volume could trigger the next leg up. But if BTC closes below 112,700, expect a possible retest of111K zone.

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