$BTC /USDT Faces Critical Support Test – Will Bulls Defend? 🚨
Current Price: $94,281.72 📉 (-1.48% in 24h)
24h High: $97,356.69 📈 | 24h Low: $94,250.00 📊
Support & Resistance Levels
Key Support: $94,250 – A break below could trigger a drop to $92,500 🔻.
Next Support: $92,000 – If breached, BTC might dip further toward $90,000 ❗.
Resistance Levels:
Immediate: $95,500 – Reclaiming this could signal recovery 🔄.
Target: $97,000 – Breaking this level may push BTC toward $100,000 🚀.
Market Insight
BTC is under pressure, testing a crucial $94,250 support level as selling pressure mounts 📊. If it holds and bounces back above $95,500, it could regain momentum for a move toward $97,000 and eventually eye $100,000.
Trading Strategy
🔹 Bullish Scenario:
Enter long positions above $95,500.
Targets: $97,000, $98,500, and $100,000.
Stop-loss: Below $94,000.
🔹 Bearish Scenario:
Short positions below $94,000.
Targets: $92,500, $91,000, and $90,000.
Stop-loss: Above $95,500.
⚠️ Volatility Warning:
Traders should implement tight stop losses and monitor volume closely 📈. BTC is in a decision zone, and the next move could be decisive for short-term trading opportunities 💡.