$BTC /USDT BULLISH REVERSAL IN PLAY — WATCH FOR UPSIDE BREAKOUT!
Bitcoin has bounced strongly from the $83,385 support zone after forming a clean base. Price action is now climbing above the consolidation range, suggesting a possible bullish reversal is underway. If momentum sustains, we could see a swift move toward upper resistance near $85,200.
Trade Setup:
Entry Price: $83,930 – $83,950
Take Profit (TP): $85,200
Stop Loss (SL): $83,385
Market Outlook:
The recent accumulation near the $83,400 demand zone combined with bullish engulfing candles signals strength returning to buyers. Volume confirmation on breakout will be key to validate the upward leg.
Risk Management:
Use tight SL and consider trailing it once price nears $84,800. Only risk 1–2% of your capital per trade.
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