‼️$BTC /USDT 4 hour Analysis ‼️
1. Support Levels:
- Immediate support appears to be around $63,093.01 (the recent low).
- Further support can be found around the $59,578.09 level (near the 99-period moving average).
2. Resistance Levels:
- Immediate resistance is around $65,400.00 (the recent high).
- Further resistance is near $66,128.63 (previous peak).
3. Breakout Possibilities:
- Bullish Breakout: If BTC/USDT breaks above the $65,400.00 resistance with high volume, it could aim for the $66,607.94 and beyond.
- Bearish Breakdown: If BTC/USDT drops below the $63,093.01 support with high volume, it could target the next support levels at $59800
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