šŸšØ $BTC /USDT at the Edge: Will $94,496 Hold or Break? šŸšØ

Bitcoin ($BTC) is trading at $94,496.55, with slight bearish pressure showing a -0.79% dip. The price hovers near key levels after a recent pullback from its highs, leaving traders on edge as the next move unfolds.

Targets for the Upside:

1. $96,500 ā€“ Immediate resistance; a break could spark a strong recovery.

2. $98,000 ā€“ Key psychological level and mid-term target.

3. $100,000 ā€“ Major psychological barrier signaling a potential breakout rally.

Support Levels to Watch:

$92,500 ā€“ Critical support zone; a breakdown could signal further downside.

$90,000 ā€“ Last safety net before a deeper correction.

Trade Setup:

Long Entry: Above $96,500 for a potential rally toward $100,000.

Short Entry: Below $92,500 targeting $90,000 or lower.

Stop-loss: Tight stop at $93,000 for risk management.

āš ļø Market Insight: Bitcoin's current range suggests high volatility ahead. Watch for volume spikes near resistance or support levels to confirm the direction.

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