$BTC /USDT BULLISH BREAKOUT CONTINUATION – BUYERS HOLD THE RANGE HIGH
Market Structure:
BTC remains above key moving averages with strong acceptance near the upper range. Higher-timeframe trend is intact, and repeated tests of resistance suggest absorption of supply. Volatility contraction followed by expansion favors upside continuation.
Bias: BULLISH
Trade Plan (LONG):
Entry: On a clean breakout and retest above the range high / dynamic EMA support
Targets (TP):
TP1: 91,800
TP2: 94,500
TP3: 98,000
Stop Loss (SL): Below the range low at 87,100
Confirmation:
Strong candle close above resistance with volume expansion; pullbacks holding above the breakout level.
Risk Management:
Risk 1–2% per trade, scale out at targets, trail SL after TP1 to protect profits.
#TechnicalAnalysis #BTCUSDT #PriceAction #BreakoutTrading #RiskManagement $BTC
