$BTC

🚨 Current Price: $96,258 (-2.21% in the last 24 hours)

Bitcoin (BTC) is currently experiencing a slight pullback after testing recent highs. Here's a breakdown of the key price levels to monitor for potential opportunities:

1. Immediate Support: $95,734.77

Bitcoin has recently touched the $95,734 support level. A breach below this could signal further downside, potentially targeting the next support zone around $95,000. Traders should look for signs of price stabilization here before considering any long positions.

2. Current Price: $96,258

This level is critical as Bitcoin is consolidating around $96,258. If the price holds above this, it could pave the way for a potential bounce back to the upside. A sustained move higher from this point would be a positive sign for bulls.

3. Key Resistance: $97,801.34 (Upper Bollinger Band)

Bitcoin is approaching the upper Bollinger Band, currently at $97,801.34. A breakout above this resistance could trigger bullish momentum, aiming for new highs above $98,000. Traders should closely watch for volume confirmation on any breakout.

Bollinger Bands Overview:

Upper Band (UP): $97,801.34

Middle Band (MB): $96,938.56

Lower Band (DN): $96,075.78

With Bitcoin trading within a narrow range, price action at these key levels will be crucial for determining the next move.

Stay alert and trade wisely on Binance!

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