๐Ÿ“Š BTC/USDT Trade Setup - Analysis and Strategy

Current Market Overview:

Price: $95,897.36

24H Change: -3.22%

Trend: Bearish on the 4H timeframe.

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Potential Trade Setups

๐ŸŸข Long Setup:

Buying Zone: $94,000โ€“$95,000

Target 1: $98,000

Target 2: $100,000

Stop Loss: Below $93,500

๐Ÿ”ด Short Setup:

Entry Zone: $96,500โ€“$98,000 (if price tests resistance)

Target 1: $95,000

Target 2: $94,000

Stop Loss: Above $98,500

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Key Levels to Watch

Support Levels:

$94,150 (24H low)

$92,000 (major support zone)

Resistance Levels:

$98,000 (short-term resistance)

$100,421 (24H high and strong resistance)

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โš ๏ธ Risk Management Tips:

Risk only 1-2% of your capital per trade.

Always use a stop loss to minimize potential losses.

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This is not financial advice. Conduct your own research and trade responsibly.

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$BTC