Time to take off! 🚀🚀🚀
Long Trade
$BTC/USDT – "Testing Key Support"
$BTC
{spot}(BTCUSDT)
Entry Range: 110,800 - 111,300
Target: 112,200 / 113,000 / 113,800
Stop Loss: Below 110,600
📊 Market Insight:
BTC declined sharply from $113,293 to $110,766.
The current price is slightly above the 24-hour low ($110,766), which is a key support level.
The Parabolic SAR flipped bearish above $112,400, and trend pressure remains lower.
If BTC sustains above $110,800, we could see a rally to $113,000.
A break below $110,600 could trigger further declines.
🔮 Next Move:
Bullish Scenario: Wait for a confirmed candlestick close above $111,200-111,500 → Enter a long position and wait for a rebound.
Bearish Scenario: If the price closes below $110,600, shorting is possible with a target of $109,800-109,200.
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