🚨 $BTC/USDT Trading Signal 🚨

Bitcoin ($BTC)

$93,156.01

-2.56%

💡 Signal Type: Bearish Continuation

📊 Timeframe: 4H Chart $BTC

🔑 Key Levels to Watch:

Support: $92,500 – A breakdown could lead to further losses.

Resistance: $95,000 – A recovery above this level could signal bullish momentum.

🎯 Trade Setup:

Entry Zone: $93,000 - $93,500

Take Profit Levels (TP):

1️⃣ TP1: $92,000 (-1.24%)

2️⃣ TP2: $90,500 (-2.84%)

Stop Loss (SL): $95,200 (+2.19%)

📝 Market Insight:

$BTC has been trending downward, testing key support levels. A break below $92,500 could indicate continued bearish momentum with $90,500 as the next target. However, a strong recovery above $95,000 could trigger a bullish reversal.

💡 Strategy Recommendation:

Enter short positions in the $93,000 - $93,500 range.

Secure profits at $92,000 and $90,500.

Maintain a strict stop-loss at $95,200 to limit risks.

📢 Note: Watch for increased trading volume near support and resistance zones for potential breakout signals.