$BTC /USDT Trading Signal - Key Support Zone Test

The $BTC/USDT pair is trading at $95,053.87 (-2.00%), experiencing a pullback after failing to sustain above $102,000. Buyers are attempting to defend the critical support at $92,500.

Suggested Entry Zone:

Consider entries within the range of $94,800 - $95,500, as the price stabilizes above the recent low.

Target Levels:

Target 1: $96,500

Target 2: $98,500

Stop Loss:

Place a stop loss below $92,000, to protect against extended downside risks.

Market Observation:

The 1-hour chart reflects a bearish trend, but the $92,500 level acts as a significant support. A bounce from this area could lead to a short-term recovery. Volume analysis suggests active buying interest near the current levels. A move above $96,500 would confirm a reversal toward $98,500.

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