$BTC /USDT: Ready for a Rebound! š„šÆ
$BTC is currently trading at $101,816, showing resilience after testing the lower boundary of the descending channel. The 30-minute chart reveals a potential reversal, with the price bouncing near $98,800, a critical support zone.
š Key Levels to Watch:
ā¢ Immediate Resistance: $103,000
ā¢ Support Zone: $100,500
A breakout above $103,000 could trigger a move towards $105,000, offering a solid short-term opportunity.
ā Strategy:
ā¢ Entry Point: $101,816
ā¢ Target 1: $103,000
ā¢ Target 2: $105,000
ā¢ Stop-Loss: $100,000
Monitor closely and secure partial profits as BTC approaches resistance levels. This setup presents a favorable risk-reward ratio for both intraday and swing traders.