$BTC is surging within an ascending channel, showing strength as it continues its upward momentum. The current price stands at $61,159.90, signaling a potential breakout that traders can't afford to miss.
đ Key Levels:
Resistance: $61,600 â A break above this level could ignite further upward moves.
Support: $60,800 â Watch this level closely; a bounce here keeps the bulls in control.
đĄ Entry Strategies:
Long Trade: Enter above $61,600 with targets at $62,200 and $62,800, and a stop loss set at $60,800 to minimize risk.
Short Trade: Enter below $60,800 if the price breaks support, targeting $60,200 for a quick profit, with a stop loss at $61,600 to protect the downside.
đ Momentum is BuildingâBTC is at a critical point. Keep your eyes on the charts, as this setup is loaded with potential for both bulls and bears!
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