š BTC/USDT Trade Setup - Analysis and Strategy
Current Market Overview:
Price: $95,897.36
24H Change: -3.22%
Trend: Bearish on the 4H timeframe.
---
Potential Trade Setups
š¢ Long Setup:
Buying Zone: $94,000ā$95,000
Target 1: $98,000
Target 2: $100,000
Stop Loss: Below $93,500
š“ Short Setup:
Entry Zone: $96,500ā$98,000 (if price tests resistance)
Target 1: $95,000
Target 2: $94,000
Stop Loss: Above $98,500
---
Key Levels to Watch
Support Levels:
$94,150 (24H low)
$92,000 (major support zone)
Resistance Levels:
$98,000 (short-term resistance)
$100,421 (24H high and strong resistance)
---
ā ļø Risk Management Tips:
Risk only 1-2% of your capital per trade.
Always use a stop loss to minimize potential losses.
---
This is not financial advice. Conduct your own research and trade responsibly.
#WeAreAllSatoshi #CPIUpdateOctober #BURNGMT #2024withBinance #BTCā