🚀 $BTC/USDT Trading Signal 🚀

$94,400.00

-1.49%

💡 Signal Type: Consolidation Phase

📊 Timeframe: 4H Chart $BTC

🔑 Key Levels to Watch:

Support: $93,000 – Holding above this level is crucial for bullish momentum.

Resistance: $96,500 – A breakout here could signal further upside.

🎯 Trade Setup:

Entry Zone: $93,500 - $94,400

Take Profit Levels (TP):

1️⃣ TP1: $96,000 (+1.7%)

2️⃣ TP2: $97,500 (+3.3%)

3️⃣ TP3: $99,000 (+4.9%)

Stop Loss (SL): $92,000 (-2.5%)

📝 Market Insight:

Bitcoin is down 1.49% but remains within a consolidation phase near $94,400. Buyers are defending support at $93,000, indicating potential accumulation. A breakout above $96,500 could lead to higher price levels, while failure to hold support may result in further downside.

💡 Strategy Recommendation:

Look for entries near $93,500 - $94,400, aiming to secure profits at each target.

Adjust stop-loss to breakeven as price approaches TP1 to minimize risk.

📢 Pro Tip: Monitor volume and momentum indicators closely. Breakout confirmations above $96,500 with increased volume could signal strong bullish continuation. Trade wisely!