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🚀 $BTC /USDT Approaching Key Levels – Big Move Imminent 🎯


Bitcoin is currently trading at 62,653.32, down by 0.74%. With the recent dip touching 62,050.00, buyers are stepping in, trying to regain momentum. The 24-hour high stands at 63,388.00, highlighting resistance that must be broken for $BTC to maintain its upward trajectory. As the battle between bulls and bears intensifies, this range presents great trading opportunities.

💡 Key Levels to Watch:

Support: 62,050.00

Resistance: 63,388.00

Moving Averages: MA(7) at 62,531.22 and MA(25) at 62,850.28 suggest consolidation, but a breakout is likely to occur soon.

🎯 Targets to Watch:

1. Target 1: 63,480.00

2. Target 2: 64,000.00

3. Target 3: 65,000.00

📈 Trade Setups:

Long Trade: If $BTC breaks above 63,480.00, expect a rally toward 64,000.00 and beyond. Use 62,050.00 as a stop-loss to manage risk.

Short Trade: If the price falls below 62,050.00, consider targeting 61,500.00. Use a stop-loss above 62,500.00 to limit losses.

⚡ With trading volume reaching over 661.73 million USDT, the market shows strong activity. A breakout from this range could trigger a significant move, so stay alert to catch the next trend.

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