🤑📊 BTC/USDT(The Father Of All Crypto Markets) Technical Analysis:

Support and Resistance Levels:

Support (S): The $60,103 level has acted as strong support in the past 24 hours. If BTC/USDT remains above this level, it suggests bullish sentiment.

Resistance (R): The $61,838.70 level is a key resistance. A breakout above this level could signal further upside.

Entry Strategy:

Buy Entry: Consider entering long positions if BTC/USDT breaks above $61,838.70 with conviction. Confirm with volume and other indicators.

Stop Loss: Set a stop loss just below the support level at $60,103.

Take Profit: Target the next resistance level at $62,500 or higher.

Current Values:

Price: $60,938

24h High: $61,838.70

24h Low: $60,103

24h Volume (BTC): 8,610.75 BTC

24h Volume (USDT): $523.99M

Remember that trading involves risk, and it's essential to stay informed about market developments. Happy trading! 🚀💡

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