๐จ BTC/USDT 4-Hour Analysis: Key Levels & Trading Zones ๐จ
๐ Current Price: 97,715.78 USDT (+0.63%)
Bitcoin is back in action, recovering slightly after a sharp pullback! Are we gearing up for the next big move, or is more downside lurking? Letโs dive into the 4-hour timeframe and find out!
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๐ Key Levels to Watch
Resistance:
๐ฅ 100,000 USDT โ First key level to break for bulls.
๐ฅ 102,800 USDT โ Recent 24-hour high and a strong resistance zone.
Support:
๐ก๏ธ 95,700 USDT โ Current 24-hour low; buyers stepping in!
๐ก๏ธ 93,000 USDT โ Major support zone; a strong area of demand.
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๐น Trading Zones
Buying Zone: 95,700โ96,500 USDT
Perfect for those looking to ride the next wave upward.
Selling Zone: 100,000โ102,000 USDT
Short-term traders can book profits here.
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๐ Strategy
๐น Long Trade
Entry: 95,700โ96,500 USDT
Stop Loss: Below 94,000 USDT
Targets:
๐ฏ 1st: 100,000 USDT
๐ฏ 2nd: 102,000 USDT
๐น Short Trade
Entry: 100,000โ102,000 USDT
Stop Loss: Above 103,500 USDT
Targets:
๐ฏ 1st: 97,500 USDT
๐ฏ 2nd: 95,700 USDT
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๐ Whatโs Happening?
BTC is consolidating after its recent rally, showing strong activity near 96,000 USDT. Bulls need to break 100,000 USDT to push higher, while bears will aim to drag prices toward 93,000 USDT.
๐ Volume Alert: Strong buying activity in the 95,700 USDT zone โ this could be a great accumulation opportunity!
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๐ก Pro Tip: Keep an eye on candlestick patterns and RSI on the 4H timeframe for confirmation before entering trades. Always stick to your stop loss and position sizing rules!
Where do you see BTC heading next? ๐ Breakout or ๐ฅ Breakdown? Let us know your thoughts!
#BTCโ #BTCanalysis #TradersAnalysis #TradingStrategies๐ผ๐ฐ #WeAreAllSatoshi
