If $BTC breaks below $95,700, it could test $93,500 or even $90,000 in the near term. Traders can consider shorting below the support level with tight stop-loss orders. A breakout above $99,000 could open the path to $102,800 and further to $105,000. Aggressive buyers might enter at $97,500 with a stop-loss below $95,700.
Key Support and Resistance Levels
1. Immediate Support: $95,700 (24h low)
A break below this could push BTC toward $93,500, a critical level for further downside.
2. Immediate Resistance: $99,000 (psychological level and near the MA(25) at $97,270.59)
Bulls need to reclaim this level for any significant recovery.
3. Major Resistance: $102,800 (24h high)
A breakout above this level could lead BTC toward $105,000 or higher.
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