$BTC /USDT Trading Signal - Potential Rebound in Oversold Zone

Current Price: $95,967.22

24H Range: $95,250.76 - $101,914.37

Analysis:

Bitcoin is trading near its daily low after significant selling pressure, finding potential support at $95,250.76. The current candle shows early signs of stabilization, which may indicate a short-term rebound if buyers sustain momentum.

Potential Setup:

Entry Zone: $95,800 - $96,200

Targets:

Target 1: $97,500

Target 2: $98,500

Stop Loss: $95,000

Observation:

BTC remains in a volatile range, with buyers attempting to defend the critical $95,000 level. A close above $96,200 on the hourly chart could confirm a bullish reversal. Traders should monitor volume and price action closely.

Actionable Advice:

Enter near $96,000 only if buying volume increases.

Protect gains by adjusting the stop loss as BTC approaches resistance levels.

#CryptoTrading #BTCUSDT #Binance #BNBBhutanReserves #AIMarketCapDip