🚨🚨😳$BTC /USDT Update after CPI news 🚨🚨😳🙄
After losing some momentum, BTC is now showing signs of an upward trend. Currently trading at $57,947.12, BTC has increased by 0.22% in the past 24 hours. The 24-hour high is $59,650.00, and the low is $57,050.00, with trading volumes of 28,299.33 BTC and 1.65 billion USDT.
Short-term Analysis (15m, 1h, 4h):
- The charts indicate stable bullish momentum.
Trading Strategy:
- Long Trades:Consider entering above $59,650.00, aiming for higher resistance levels.
- Short Trades:Look to sell if the price falls below $57,050.00, targeting lower support levels.
Ensure effective risk management, including the use of stop-loss orders, to mitigate potential market volatility.
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