* **Moving Averages**:
#### ✅ **Bullish Setup** (If BTC breaks above resistance):
**Entry Zone**: Above **\$118,800–\$119,000**
* **Confirmation**: 1-hour candle close above 50 MA + strong volume
* **Target 1**: \$119,700 (minor resistance)
* **Target 2**: \$121,200 (recent high)
* **Stop-Loss**: Below \$117,800 (to protect against fakeouts)
#### 🚫 **Bearish Setup** (If BTC gets rejected and breaks support):
* **Entry Zone**: Below **\$117,000**
* **Confirmation**: 1-hour candle close below \$117,000 with high volume
* **Target 1**: \$116,200
* **Target 2**: \$115,000
* **Stop-Loss**: Above \$118,300
---### 🔄 **Neutral / Range-Bound Setup**
If BTC continues to consolidate between \$117,000 and \$118,800:
* Consider a **scalping range strategy**
* Buy near \$117,000, sell near \$118,800
* Tight stop-losses recommended due to possible breakout soon
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