$BTC /USDT Technical Analysis & Trade Signal
Current Price: $97,898.73
Trend: Bullish with moderate momentum
Key Indicators:
1. RSI (14): 63 – Slightly overbought, indicating bullish sentiment.
2. MACD: Positive crossover, suggesting upward momentum.
3. Support Levels:
$96,100 (Strong Support)
$94,500 (Secondary Support)
4. Resistance Levels:
$98,444 (Immediate Resistance)
$99,800 (Major Resistance)
Trade Signal: LONG
Entry Zone: $97,800–$98,000
Targets 🎯:
1. Target 1: $98,800 (+0.92%)
2. Target 2: $99,500 (+1.64%)
3. Target 3: $100,200 (+2.35%)
Stop-Loss: $96,000 (Below the strong support level)
---
Trade Momentum:
Bullish: Positive breakout expected if $98,444 resistance is cleared.
Watch for volume increase to confirm breakout.
Risk Management:
Allocate 2-3% of your portfolio.
Adjust stop-loss as price moves toward targets.
Would you like a visual chart for better clarity?
#BIOOnBinance #BIOOpenonBinance #BinanceAlphaAlert #USJoblessClaimsDrop