đš $BTC /USDT â Calm Before the Breakout or Breakdown? đ„
$BTC is consolidating just below key resistance at $118K, currently down -0.54% on the day. With tightening price action and huge volume, is a major move brewing? Letâs get into it đ
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đ Market Overview
đ Current Price: $117,956.01
đ 24h High: $119,273.36
âïž 24h Low: $117,103.10
đ Parabolic SAR: $118,600 (Sideways trend â breakout setup forming)
đ MACD Momentum:
DIF: -85.40 (Neutralizing)
DEA: -74.25
MACD: -22.30 (Momentum cooling but no clear reversal yet)
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đ BTC Trade Setup â Key Levels to Watch
đč Bullish Scenario (If BTC Holds Above $117,500):
Entry: Above $118,200
Targets: $119,800, $120,500, $122,000+
Stop-Loss: $116,500
đč Bearish Scenario (If BTC Drops Below $116,500):
Entry: Below $116,500
Targets: $115,200, $114,000, $112,500
Stop-Loss: $118,200
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đ Should You Hold or Sell?
â Sideways action near $118K = breakout potential rising
â Watch for volume spike as signal confirmation
â Break below $116.5K = downside risk intensifies
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đĄ Pro Tip:
đ A breakout above $119.3K with strong momentum could push BTC to $122K+
â ïž Weak breakout = likely rejection back to $115K zoneâprotect your position
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đą Playing the breakout or hedging down? Share your BTC gameplan below!
đ„ LIKE & SHARE if you're tracking the king closely! đ
