$BTC /USDT has been moving steadily around the $60,150 level, showing a slight upward trend of +0.13%. The chart reflects a bounce from $57,632, followed by a correction after peaking at $60,625. Currently, it's facing resistance near $60,774, with support around $59,677.
Considering the market trends and potential price movements, a long trade could be initiated above $60,774 with a target around $61,000, aiming for higher levels. A short trade may be considered below $59,677, targeting $58,580 as the next support.
Stay cautious with volatility, and keep an eye on the trading volume for confirmation before entering positions.
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