🚨 $BTC /USDT: TESTING CRITICAL SUPPORT – MAJOR MOVE LOOMING! 🚨
Bitcoin is trading at $95,814.34, down 2.78% in the past 24 hours. After touching a high of $99,963.70, BTC has retraced and is now hovering near a critical support zone. With high trading volumes, the market appears ready for its next big move.
Key Levels to Watch:
Support: $95,200 – A crucial level to maintain bullish sentiment.
Resistance: $99,960 – Breaking above this level could ignite a rally.
Trade Setup:
Entry Point: Around $95,800
Targets:
1. $97,500 (short-term recovery)
2. $99,500 (next resistance test)
3. $101,000 (breakout potential)
Risk Management:
Stop-loss: $94,500 – To protect against extended losses.
Market Insight:
BTC is at a pivotal moment, with the current support level holding the key to a potential recovery. If resistance at $99,960 is breached, expect a bullish breakout to new highs. Traders should stay alert for volatility and breakout confirmation.
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