Hello Guy's this is My OverView For BTC/USD, Feel Free To Check It And Write Your Feedback In Comments
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
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Strong Support Level: The price has shown a strong support zone around the $93,000 level, indicated by repeated bounces off this area.
Entry Level: The suggested entry for a long trade is approximately at the current price level ($93,465).
Target Prices (Tp):
Tp1 at $96,800
Tp2 at $98,800
Stop Loss: Placed below the support level at around $89,075 to manage risk.
Recent Price Action:
The market experienced a downward trend before hitting the support.
A potential bullish reversal is anticipated from this support area.