Market Overview
• Last Price: $96,252.53 (+1.12%)
• Day’s Range: $93,700.42 - $96,509.98
• Key Support Levels: $94,500, $93,000
• Resistance Levels: $97,500, $100,000
🟩 Clear Position: LONG (Confidence: 75%)
• BTC is currently showing signs of recovery near the ascending channel’s lower line, indicating potential upward momentum.
♻️ Recommended Leverage: 5x to 8x
👉 Entry Zone: $95,800 - $96,200
🎯 Targets:
• T1: $97,500 (+1.3%)
• T2: $99,000 (+2.9%)
• T3: $100,500 (+4.4%)
• T4: $102,000 (+6.0%)
⛔ Stop Loss: $94,200
IF STOP LOSS TRIGGERS:
Reversal Strategy:
1. New Entry: $93,000
2. New Targets:
• T1: $94,500
• T2: $96,200
3. New Stop Loss: $92,000
Key Technical Points
1. RSI: Hovering at 58, indicating room for further upward momentum.
2. MACD: A bullish crossover is forming, suggesting a potential reversal higher.
3. Volume: Slightly above average, validating strong buying interest in this price range.
4. EMA (20/50): Bullish alignment supports upward movement continuity.