$BTC

#BinanceLaunchpoolHMSTR #SpotGoldATH #CATIonBinance #NeiroOnBinance #FOMC /USDT Technical Analysis Update

Current Price: 66,317.99 USDT

24h Range: 64,633.52 - 66,498.00 USDT

We're observing key technical indicators that highlight potential movements for BTC/USDT.

Short-Term Targets:

🎯 Target 1: 66,700 USDT

Resistance Level: With the current price nearing its 24h high, BTC is facing resistance around 66,700 USDT. A breakout above this level could lead to more upward momentum, especially with the 7-day Moving Average (MA) of 65,385.06 USDT providing strong support.

🎯 Target 2: 64,500 USDT

Support Level: On the downside, BTC could retest the 64,500 USDT level if it fails to hold above its current support zone. The 25-day MA of 64,142.41 USDT signals a possible consolidation if selling pressure intensifies.

🎯 Target 3: 61,500 USDT

Major Support: In case of a larger correction, BTC might revisit the 99-day MA at 61,458.04 USDT. This area represents a significant support zone, where buyers could step in to prevent further declines.

Indicators to Watch:

RSI shows a neutral zone, signaling potential for both upward and downward movements.

MACD is approaching a potential bullish crossover, suggesting possible upward momentum in the near