$BTC /USDT trading setup:

$BTC Technical Analyst

1. Current Recovery: $BTC bounced from a low of $60,164 to $61,212.12, despite a 2.24% daily decrease.

2. Support and Resistance: Strong buying was observed around $60,500. Watch for resistance near the current price.

3. Trading Strategy: Consider a short position if price stabilizes or encounters resistance near $61,200.

4. Stop-Loss: Place stop-loss just above $61,300 to manage risk.

5. Profit Target: Aim for a retest of the $60,500 level as a potential profit target.

This setup focuses on recent price action and key levels to watch for entering and exiting trades efficiently.

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