$BTC /USDT Technical Analysis & Trade Signal 🎯

Current Market Overview:

Price: $94,129 (+0.27%)

24h High: $95,024.50

24h Low: $91,530.45

Momentum: Bullish with moderate buying pressure.

Support & Resistance Levels:

Support: $91,500 (Key Level)

Resistance: $95,000 (Critical Breakout Level)

Indicators:

RSI (Relative Strength Index): Near 60, indicating bullish momentum.

Moving Averages (EMA):

50 EMA: $92,800 (Price above, bullish confirmation)

200 EMA: $90,500 (Long-term bullish trend intact).

MACD: Bullish crossover above the zero line, signaling upward momentum.

Trade Signal:

Trade Type: Long (Buy)

Entry Point: $94,200 (Near current price after minor retracement).

Targets 🎯:

Target 1: $95,000 (Resistance Breakout).

Target 2: $96,200 (Key psychological level).

Target 3: $98,000 (Potential breakout rally).

Stop Loss: $91,200 (Below key support).

Risk-Reward Ratio: ~1:3

Momentum Analysis:

Short-Term: Bullish, driven by strong volume and RSI holding above 50.

Medium-Term: Continuation of uptrend expected if $95,000 is broken.

Long-Term: Healthy consolidation with potential for higher highs if broader market sentiment remains positive.

Trade with caution and adjust stop loss as targets are hit. Let the trend be your friend!

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