Bitcoin
Long
Updated

BTCUSD 1 HOUR ANALYSIS .

144
May be target bullish in uptrend because market is gambling and now market is going in upside.

🔎 Key Observations
> Support and Demand Zones
Support Area (near 117,600 – 117,800 USD)
Price has bounced from this level multiple times (highlighted with orange circles), making it a strong support zone.
Demand Zone (around 120,000 USD
Price previously dropped from this level, so it may act as resistance when tested again.
✅ Long Position (Buy) Setup:
Enter around 118,300 USD
Stop loss at 117,575 USD
First profit target: 118,900 USD
Final target: ~119,675 USD
❌ Invalidation: If price breaks below 117,575, it may continue down toward the supply zone near 116,800 USD.
Trade closed: stop reached
stop loss hit

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