📢 $BTC Update 📢
After losing some momentum, $BTC has started an upward trend and is poised to rise further.
----Technical Analysis of $BTC/USDT----
Current Price: $57,947.12 (up 0.22% in the last 24 hours)
24-Hour High: $59,650.00
24-Hour Low: $57,050.00
Trading Volumes: 28,299.33 BTC and 1.65 billion USDT
-----Short-Term Analysis-----
Short-term charts (15m, 1h, 4h) indicate stable bullish momentum.
Trading Strategy
Long Trades:
Consider entering positions above $59,650.00, aiming for higher resistance levels.
Short Trades:
Look to sell if the price drops below $57,050.00, targeting lower support levels.
🚨Effective risk management🚨
including the use of stop-loss orders, is crucial to mitigate potential market volatility.
