Decision is up to you......
$BTC /USDT is experiencing significant selling pressure, as reflected in the sharp decline visible on the 15-minute chart. Despite the current bearish momentum, the support line at $100,360.08 appears to be holding strong for now.
Key Observations:
Current Price: $100,428.69 (-3.23%)
Support Zone: $100,360.08 (critical short-term level)
Next Resistance: $102,800.11
Strategy:
Monitor closely for a potential bounce from the support level. If breached, further downside towards $98,800.00 (24-hour low) could be anticipated. However, a rebound may provide an opportunity for short-term recovery trades targeting $102,800. Secure profits early and adjust stop-loss levels accordingly.