๐ $BTC/USDT Trading Signal ๐
Bitcoin ($BTC)
$94,528.04
-1.14%
๐ก Signal Type: Sideways Consolidation
๐ Timeframe: 4H Chart $BTC
๐ Key Levels to Watch:
Support Zone: $93,000 - $93,500
Resistance Zone: $95,800 - $96,500
๐ฏ Trade Setup:
Entry Zone: $93,500 - $94,000
Take Profit Levels (TP):
1๏ธโฃ TP1: $95,800 (+1.34%)
2๏ธโฃ TP2: $96,500 (+2.08%)
Stop Loss (SL): $92,000 (-2.67%)
๐ Market Insight:
$BTC is trading near its lower support, indicating potential accumulation. A breakout above $95,800 could trigger upward momentum toward $96,500. However, failure to hold $93,000 could lead to further downside risk.
๐ก Strategy Recommendation:
Buy within the $93,500 - $94,000 range.
Target profits near resistance at $95,800 and $96,500.
Strictly adhere to stop-loss at $92,000 to minimize risk.
๐ข Note: Monitor RSI and volume for signs of momentum change before entering the trade. Stay cautious during consolidation phases.
