$BTC 🚀 Day Trade Setup: BTC Breakout Watch
The market cap has officially hit the $3 Trillion milestone today! With Bitcoin pushing against the $89,000 resistance, we are looking at a classic "Breakout or Fakeout" scenario.
1. The Asset: BTC/USDT (Spot or Perpetual)
* Current Price: ~$88,850
* Sentiment: Bullish Momentum / High Leverage Alert (U.S. Margin Debt at Record Highs)
2. Trade Execution Levels
| Level Type | Price Target | Strategy |
|---|---|---|
| Entry (Long) | $89,100 | Enter on a 15m candle close above $89k to confirm the breakout. |
| Take Profit 1 | $90,450 | Local resistance and psychological "Big Round Number." |
| Take Profit 2 | $92,000 | Major liquidity zone and year-end target. |
| Stop Loss | $87,600 | Below today's support levels to protect against a "flush." |
3. Technical Indicators to Watch
* RSI (1H): Currently around 62. Plenty of room to run before hitting "Overbought" (70+).
* Volume: Look for a spike on the $89k break to confirm institutional interest.
* Market Outperformers: If BTC stalls, keep an eye on ACT/USDT (+32%) and TRX/USDT (+2%) for rotation.
