BTC/USDT Technical Analysis: Buying, Selling, and Stop Loss Targets ⚖️
Current Price: $106,813.33
Key Trading Levels
Buy Targets:
Entry 1: $106,200
Entry 2: $105,500
Entry 3: $104,500
Sell Targets:
Target 1: $107,500
Target 2: $108,000
Target 3: $109,000
Stop Loss: $103,500
Take Profit: Around $109,000
Support & Resistance Zones
Resistance Levels:
$107,500
$108,000
Support Levels:
$105,500
$103,500
Technical Indicators
Average Price: $106,813
RSI: Near 60, indicating bullish momentum but not overbought
MACD: Bullish crossover, suggesting upward momentum
Market Sentiment
Volume Analysis:
24h Volume (BTC): 36,424.85
24h Volume (USDT): 3.85B
Price Action: Strong upward trend with healthy volume, suggesting potential for further gains.
Depth Info
Order Book Depth: Strong buying support around $106,200, selling resistance near $107,500.
Trade Setup & Strategy
Bullish Scenario:
If BTC/USDT holds above $106,200, expect a move toward $107,500 and $108,000.
Bearish Scenario:
If price falls below $105,500, a decline toward $103,500 is possible.
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Manage risk carefully and follow your stop loss to protect your funds!