🚨 $BTC /USD ALERT: NEXT BIG MOVE LOADING – WILL IT BREAK OUT? 🚨
BTC/USD is trading at $97,217.04, showing a minor decline of 0.11%. After hitting a high of $108,353, the price has entered a consolidation phase, suggesting that a decisive move could be on the horizon.
Key Levels to Watch:
Support: $96,398 – Critical for holding the current range; a drop below may open the door for $92,232.
Resistance Targets:
1. $99,540 – Immediate resistance to clear.
2. $103,248 – A breakout level indicating bullish potential.
3. $108,353 – The ultimate target for a strong uptrend continuation.
Trade Setup:
Long Entry: Enter above $98,000, targeting $99,540, $103,248, and $108,353. Place a stop-loss at $96,000.
Short Entry: If BTC breaks below $96,398, aim for $94,000 and $92,232, with a stop-loss at $98,000.
Market Insight:
The market is showing reduced volatility, but volume suggests accumulation at current levels. A breakout or breakdown is imminent, so stay alert for potential trade opportunities.
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