$BTC indicates a potential downward trend $BTC based on the arrow drawn image. $BTC Given that BTC/USDT is showing a decreasing movement and considering the MACD histogram and decreasing volume, it's likely that the price could drop further. The support level at around $59,392 appears to be a key level to watch, and if it breaks below that, there may be further bearish momentum. $BTC/USDT Alert 🚨
Current Price: $59,419.97
Resistance: $60,077.93
Support: $59,392.00
Long Trade:
Enter above $60,077.93
Targets: $60,500, $60,900
Stop Loss: $59,392.00
Short Trade:
Enter below $59,392.00
Targets: $59,100, $58,800
Stop Loss: $60,077.93
If you're thinking of entering a trade, ensure to consider your risk management strategy and closely monitor the next moves, especially around that support level.
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