Technical Analysis: $BTC /USDT
Current Price: $96,300
Pattern: The chart displays a sideways consolidation pattern, indicating indecision among market participants. We're observing a tight range between $94,525 and $98,871.
Potential Moves:
Bullish Scenario:
* Entry: Above $98,871
* Target: $100,018
* Stop Loss: $94,525
Bearish Scenario:
* Entry: Below $94,525
* Target: $90,975
* Stop Loss: $98,871
Market Outlook: The market is likely to remain volatile in the short term. A decisive breakout above the resistance level or below the support level will determine the next major trend.
Leverage: 5x (Adjust based on risk tolerance)
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