🚨 $BTC /USDT ALERT: Major Pullback or New Highs? 🚨
BTC is trading at $96,327, reflecting a -2.69% dip, following a rejection near the $99,963 resistance zone. Despite the retracement, the bulls are defending critical support, signaling potential recovery or further downside pressure.
Key Levels to Watch
Resistance 1: $97,500
Resistance 2: $99,960
Resistance 3: $100,350
Trade Setup
Entry Zone: Near $96,300 for long positions if the support holds.
Targets:
1. $97,500
2. $99,960
3. $100,350
Stop-Loss: Below $94,600 for long trades.
Market Insight
Volume indicates indecision as $BTC attempts to stabilize. Watch for a decisive move above $97,500 to confirm upward momentum. Conversely, losing $94,600 may drive a retest of lower levels.
Manage your trades cautiously and keep an eye on global market sentiment.
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