🚨 $BTC /USDT Under Pressure: A Critical Retest Zone! 🚨
$BTC is trading at $98,165.87, down -5.30% in the last 24 hours. The chart indicates a steep decline after a rejection near $108,353, with a low of $96,900.00 acting as immediate support.
Key Levels to Watch:
Support: $96,900 – A crucial level to hold for bulls.
Resistance: $100,500 and $104,000 – Breakout zones to regain bullish momentum.
Stop-Loss: Below $96,300 to mitigate downside risk.
Next Targets:
Bullish Case: Recovery to $100,500 and further to $104,000.
Bearish Case: Break below $96,900 could trigger a drop toward $94,500.
Stay cautious as Bitcoin attempts to stabilize after its recent correction. Watch for price action around key levels to confirm the next trend direction.
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