$BTC /USDT: Volatility in Action – Quick Moves for Smart Gains"
BTC/USDT is trading at $95,380.70, experiencing a dip of 1.29% from its 24-hour high of $96,538.92. The price recently bounced from its low of $93,700.42, indicating the possibility of a short-term recovery. Strong support lies at $94,700.00, while resistance is at $96,000.00. A long position can be initiated at $95,400.00, targeting incremental profit levels of $95,800.00 (TP1), $96,200.00 (TP2), and $96,500.00 (TP3).
To protect against further downside, a stop loss should be placed at $94,500.00. With increasing volume and a recovering MACD, this setup favors quick trades within the range. Adjust your stop loss to breakeven once TP1 is reached for risk-free trading while capitalizing on this volatile movement.