$BTC /USD Maintains Strength as Bulls Target Key Resistance
Bitcoin has finally broken past the $95,000 resistance, trading at $95,017.88 with a modest gain of 0.84%. After rebounding from its 24-hour low of $93,500.01, BTC is now testing a critical resistance at $95,340.36. A breakout above this level could pave the way for a rally toward $96,000.
With a significant trading volume of 11,762.21 BTC and strong support at $94,634.23, market momentum continues to favor the bulls. Traders should implement tight stop losses and wait for confirmation of a breakout to maximize gains while managing risks effectively.
$BTC/USDT Trade Setup
Entry Point: $95,050 (triggered by a confirmed breakout above $95,340.36)
Target 1: $95,800
Target 2: $96,500
Target 3: $97,200
Stop Loss: $94,300 (below key support at $94,634.23)
Ensure disciplined risk management and monitor volume and momentum for stronger confidence in the trend.
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