Based on the provided chart:
- Support Zone: BTC is currently near a support area around 92,000. This level might act as a bounce zone for a potential bullish move.
- Targets:
- If the price bounces, potential resistance levels are marked at 98,000, 102,000, and 108,000.
- These levels can act as profit-taking zones for long positions.
- Stop-Loss Zone: A stop-loss seems to be placed below the 90,291 level, indicating a critical invalidation zone for the bullish outlook.
- Strategy: A confirmation of a bounce or reversal from the support zone could justify entering a buy position targeting higher levels. Without confirmation, there is a risk of price breaking lower.
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