$BTC against USDT is $58,107.01, showing a 3.23% increase over the last 24 hours. The highest price reached in this period was $58,470.01, while the lowest was $55,545.19. These figures indicate a bullish trend, with the price staying above key support levels.

For potential trades, a long position could be considered by entering at around $58,110. The target for this trade would be the resistance level at $58,470.01, with a stop loss set at $57,543.82 to manage risk. This strategy takes advantage of the upward momentum, aiming for a breakout above resistance.

Conversely, a short position can be taken if the price reaches $58,470.01 without breaking through. The target for this trade would be $57,543.82, with a stop loss at $58,616.26. This approach allows traders to profit from a possible reversal at the resistance level.

Overall, the market shows signs of strength, but it's essential to monitor the resistance level closely. Proper risk management is crucial for any trading strategy to protect investments.

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