🚨$BTC /USDT Technical Analysis🚨
📊Bitcoin (BTC) is currently trading at $92,909.10, up 1.31% in the last 24 hours. The price is consolidating within a narrow range, indicating potential for a breakout in either direction.
📈Long Entry: 93,200
🛑Stop Loss: 91,500
📉Short Entry: 91,800
🛑Stop Loss: 93,500
⚡The Relative Strength Index (RSI) is currently hovering around 50, suggesting a neutral market sentiment. The Moving Average Convergence Divergence (MACD) is trending upwards, indicating bullish momentum.
💹Overall, BTC appears to be in a bullish trend, but a break below the 91,500 support level could invalidate this outlook. Traders should exercise caution and manage their risk accordingly.
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