🚀 $BTC /USDT: TESTING KEY SUPPORT AND RESISTANCE LEVELS ⚡
The BTC/USDT pair is currently trading at $94,020, approaching crucial levels that could trigger significant price movements. With Bitcoin at this critical point, it’s important to watch for a breakout or a potential retracement.
📊 Trade Scenarios:
Entry Point: $94,020
Take Profit (TP 1): $95,000
Take Profit (TP 2): $97,500
Take Profit (TP 3): $100,000
Stop Loss (SL): $92,000
Support is found around $92,000, while resistance is at $95,000. A breakout above $95,000 could drive the price towards $97,500 and potentially to the $100,000 mark. However, a drop below $92,000 could indicate a retracement or bearish pressure.
📉 Market Outlook:
Bitcoin is testing the $92,000 support level, and if it holds above this level, there’s potential for a move toward $95,000 and higher. A breakout above $95,000 would confirm bullish momentum, while a dip below $92,000 could signal a retracement.
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