$BTC /USDT Technical Analysis Update
š Current Price: $95,627.99
ā« 24H High: $97,351.57
ā¬ 24H Low: $93,700.42
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š Key Levels and Targets:
1. Target 1: $97,000 (Immediate Resistance)
Action: Monitor price action for rejection or breakout. Secure partial profits near this zone.
2. Target 2: $99,000
Potential Breakout Zone: If $97,000 is breached with strong momentum, $99,000 is the next likely target.
3. Target 3: $101,500
Long-term Target: Sustained bullish momentum could push BTC above the psychological $100,000 mark toward $101,500.
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š Trend Analysis:
Short-term: Consolidation between $93,700 and $97,000, with recent bullish candles indicating momentum.
Mid-term: A breakout above $97,000 would confirm a continuation of the upward trend.
Long-term: BTC remains in a strong uptrend with over 118% yearly gains, supported by increasing demand.
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š”ļø Risk Management Tips:
Adjust stop-loss to $94,500 to secure gains and limit downside risk.
Watch for possible bearish divergence around resistance levels.
š Next Update: Stay tuned for breakout confirmations and new target evaluations.