$BTC /USDT: Minor Pullback as Bulls Eye Key Support Levels
BTC/USDT is trading at $93,126.96, marking a 1.56% decline over the last 24 hours. Bitcoin's price is consolidating near critical levels, reflecting market indecision amidst moderate trading activity.
Key Data Points:
24h High: $94,973.37
24h Low: $90,791.10
24h Volume (BTC): 57,679.42 BTC
24h Volume (USDT): $5.34B
Trade Strategy:
Long Position: Enter above $93,500, targeting $95,000 and $96,000. Set a stop loss at
$92,000.
Short Position: Enter below $91,500, aiming for $90,000 and $89,000. Set a stop loss at $92,500.
Market Outlook:
BTC/USDT is testing support at $91,500, with resistance looming near $93,500. A breakout above resistance could drive bullish momentum, while failure to hold support may lead to a deeper correction toward $90,000. Traders should watch for volume spikes and market sentiment for signs of the next directional move.
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