$BTC /USDT Trading Signal - A Reversal on the Horizon?
Current Price: $94,272.84
24h Range: $91,800.00 - $95,382.32
Volume: 3.35B USDT
Key Levels to Monitor:
Support: $91,800.00 (recent low)
Resistance: $95,372.42 (key level)
Bitcoin has witnessed a steep drop from $100,960.06 to a recent low of $91,800.00, now showing signs of recovery near $94,272.84. A strong move past $95,372.42 could signal a bullish reversal.
Targets:
Bullish: $97,387.64, followed by $99,402.85
Bearish: Retest of $93,357.21, with possible drop to $91,800.00
Market Outlook:
A breakout above $95,372.42 can indicate a potential rally toward $97,387.64.
Failure to hold $94,272.84 may lead to retesting critical support at $91,800.00.
Trading Suggestion:
Consider entering near $94,272.84 with stop-loss at $91,800.00. Aim for partial profits at $95,372.42 and secure gains at higher levels.