$BTC /USDT Analysis - Key Bounce or Continuation?

📉 Price Action: BTC/USDT recently touched a low of $92,500.90, showing potential for a recovery. Current price is $93,466.43, a crucial level near immediate resistance at $94,118.30.

Key Levels:

Entry Range: $93,400 - $93,600

Target 1: $94,118.30 (Immediate Resistance)

Target 2: $96,211.40

Stop-Loss: $92,025.19

Observation: BTC/USDT has been in a clear downtrend, testing new lows. A bounce above $94,118.30 may confirm bullish momentum toward higher levels. However, failure to break this resistance could lead to further declines toward $92,025.19.

📊 Actionable Idea: Consider managing stop-losses and securing partial profits as price approaches target levels.

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