$BTC /USDT Technical Analysis š
Current Price: BTC/USDT is trading at $97,560.01, showing a modest gain of +0.10% in the last session. The price action reflects a recovery after recent volatility, with potential for further upside.
Next Potential Targets:
1. Target 1: $98,000 - Immediate resistance and a key psychological level.
2. Target 2: $99,500 - A major resistance zone where sellers might challenge the uptrend.
3. Target 3: $101,000 - Long-term resistance, signaling a strong continuation of the rally if breached.
Strategy
Secure partial profits near $98,000 to lock in short-term gains.
Adjust your stop loss to $96,500 to minimize downside risk.
Monitor for a breakout above $99,500 for potential momentum toward $101,000.
š Strong volume indicates buyer interest, with potential for continuation if key levels are broken.