$BTC /USDT - Ready for the Next Move?

Current Market Overview:

Price: $97,783.33 (-0.04%)

24H Range: $97,514.79 - $98,778.43

Volume (BTC): 7,660.87

Volume (USDT): $751.11M

Technical Analysis:

The 1-hour chart indicates:

A recent pullback to the $97,011 level, showing potential for a bounce-back in the short term.

Resistance at $98,976, where the previous attempt to break higher stalled.

Key Support Zones: $96,100 - $97,011.

Bullish Outlook:

If the price holds above $97,500, BTC could retest the $98,976 resistance.

A breakout above $99,000 could open the door for a push toward $100,000.

Bearish Scenario:

A drop below $97,000 may lead to a deeper correction toward $96,100 or lower.

Trade Tips:

1. For Long Positions: Look for entries near $97,000-$97,500 with targets at $98,976 and $99,500.

2. Stop Loss: Place below $96,500 to minimize risk.

3. For Short Positions: Consider selling near $98,976 with targets around $97,500.

Market Sentiment:

Cautious Optimism: While BTC faces resistance, the overall trend suggests potential upside if the $97,500 level holds.

Hashtags for Visibility:

#CryptoTrading #BTCUSDT #Binance #BitcoinAnalysis #Write2Earn!