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$BTC /USDT — “Pressure Building Near the Roof”
Current Price Action: Bitcoin is trading around $111,999, up +0.33% in the last 24 hours.
Recent Move: BTC bounced strongly from the $110,000 support zone and is now retesting the short-term resistance at $112,000. The 1-hour chart shows a series of higher lows, indicating bullish pressure building up for another possible breakout.
Key Chart Signal: Buyers are defending every dip, and momentum indicators (RSI and MACD) show renewed strength — suggesting BTC might be preparing for a clean push above the current range.
Trade Setup
• Entry Zone: $111,300 – $111,800
• 🎯 Target 1: $112,500
• 🎯 Target 2: $113,400
• 🎯 Target 3: $114,800
• Stop Loss: $110,600
If Bitcoin breaks above $112,200 with strong volume, it could trigger a fast breakout rally toward the mid-$113K region.
Let’s go and trade now $BTC
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