$BTC
/USDT Technical Analysis & Trade Signal
Current Price: $97,268
24h Trend: Bullish momentum (+0.97%)
Support Level: $95,400
Resistance Level: $99,500
Moving Averages (MA): Price is trading above the 50-period MA, confirming upward momentum.
RSI (Relative Strength Index): 68 (approaching overbought but still bullish).
MACD: Positive crossover, signaling continued bullish momentum.
Trade Signal: Long Position
Entry Zone: $97,200–$97,500
Target 🎯 Levels:
1. 🎯 Target 1: $98,500
2. 🎯 Target 2: $99,500
3. 🎯 Target 3: $101,000
Stop Loss: $95,000
Momentum: Bullish (Medium-to-Strong).
Recommend caution near the $99,500–$100,000 zone due to potential profit-booking and increased resistance.