🚀 $BTC /USDT Analysis – Key Price Levels and Potential Moves
BTC/USDT is trading at $97,276.37, up +3.34%, after rebounding from its recent low of $92,232.54. The chart reflects a correction from $108,353, with buyers attempting to reclaim momentum.
Bullish Setup (Long Trade)
Entry: Above $98,500 (Breakout level)
Target 1: $103,250
Target 2: $108,350
Stop Loss: $96,000
Bearish Setup (Short Trade)
Entry: Below $96,500 (Breakdown level)
Target 1: $93,500
Target 2: $91,500
Stop Loss: $98,000
Market Outlook
Bullish Case: A break above $98,500 could push BTC towards the $103,250-$108,350 range as bulls regain control.
Bearish Case: A drop below $96,500 might trigger further downside, retesting critical supports near $93,500-$91,500.
💡 Pro Tip: Monitor volume near breakout levels for confirmation. Trail stop losses to lock profits.
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