/USDT Technical Analysis on Binance:
Current Price: $60,292.92 (-2.38%)
24h High: $61,851.98
24h Low: $60,000.00
SAR (0.02, 0.2): 61,507.11 – a strong signal of a potential reversal.
Key Support Levels:
1. First Target 🎯: $59,800
A crucial support level, close to the 24h low, where we might see a potential bounce if selling pressure decreases.
2. Second Target 🎯: $58,500
If BTC breaks below $59,800, this is the next key area to watch. Historically, this level has provided strong support, making it an ideal entry point for buyers looking for a rebound.
3. Third Target 🎯: $61,500
On the upside, BTC needs to surpass the SAR level of $61,507.11 to regain bullish momentum. Breaking through this target could lead to a rally towards previous highs.
24h Volume: 21,410.20 BTC, indicating strong market activity. Keep an eye on these targets as BTC tests its support and resistance levels.
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