$BTC /USDT Trading Signal – Bearish Pressure Easing?
Entry Range: $96,800 - $97,500
Target 1: $99,500
Target 2: $101,000
Stop Loss: $95,500
Observation:
Bitcoin ($BTC/USDT) has dropped significantly from $100,960 to $96,181, finding support near the $96,200 level. Currently, the price is attempting a gradual recovery, indicating that bearish pressure may be easing. A move above $97,500 could trigger bullish momentum targeting $99,500 and beyond.
Traders may consider entering between $96,800 and $97,500, keeping a stop loss below $95,500 to minimize risk. Secure partial profits near $99,500 and monitor price action for a potential breakout toward $101,000.
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#CryptoTrading #Binance #BTCUSDT #Bitcoin #TechnicalAnalysis