📢 update 📢
$BTC is showing mixed behavior today, but a boom could be on the horizon. Currently, $BTC/USDT is trading at $57,291.02, up 0.26%. The 24-hour high is $58,236.73, and the 24-hour low is $54,260.16, with a significant trading volume of 37,299.54 BTC, equating to $2.10 billion in USDT.For traders considering a long position, an entry point around the support level of $54,260.16 could be promising, anticipating a rebound towards recent highs. Conversely, for short trades, entering near the resistance level of $58,236.73 might be beneficial, targeting a retracement.
Monitoring these key levels along with trading volume can offer profitable opportunities, while ensuring tight stop-losses to manage risk effectively