🚨🚀 TRADING SIGNAL ALERT: BTC/USDT ON THE 1-HOUR CHART 🚀🚨
Bitcoin (BTC/USDT) has shown strong upward momentum in the recent trading session, pushing from a low of 75,714.66 to a significant high at 79,788.96. The current price hovers at 79,653.98, demonstrating a 4.18% increase, indicating bullish sentiment.
Key Technicals:
Current Price: 79,653.98
Entry Price: Consider entering near 79,500 for potential breakout continuation.
Major Resistance Levels:
79,788.96 (recent high)
80,500 (psychological resistance)
81,000 (next critical target)
Strong Support Levels:
78,498.76
77,000
75,714.66 (recent significant low)
Take-Profit Targets:
1. Target 1: 80,500
2. Target 2: 81,000
3. Target 3: 82,500
Stop Loss: Set at 78,000 to manage potential pullbacks.
Cautionary Note: While the current trend shows strong bullish momentum, traders should monitor price action closely around the resistance of 79,788.96. Watch for a potential breakout above this level or a rejection that may signal a pullback towards support zones. Stay alert for sudden market volatility that could impact trade stability.