๐ $BTC
/USDT Technical Analysis: Targeting New Heights ๐
As BTC continues to make strong moves, it's crucial to keep a close eye on key support and resistance levels. Letโs break down the price action and look at three targets for BTC/USDT that could shape the next major moves.
๐ Current Price: $99,092.01 (Up +2.14% in 24 hours)
Target 1: $100,000 ๐ฏ
BTC is edging closer to the psychological resistance at $100,000. A clean break above this level would confirm bullish momentum and open the path for further gains. Watch for support retests at this level to confirm the strength of the trend.
Target 2: $102,500 ๐ฏ
A more aggressive rally could push BTC to the next resistance at $102,500. With a significant bullish pattern forming, a break above $100,000 could lead to a continuation toward this target. Be mindful of possible pullbacks that might retest previous resistance-turned-support.
Target 3: $95,000 ๐ฏ
On the flip side, if BTC faces resistance and begins a correction, the $95,000 mark could provide a solid support level. This is an area where bulls could re-enter the market if BTC consolidates, looking to set up for another push higher.
๐ 24h Trading Volume: 60,832.50 BTC ๐ 24h Trading Volume (USDT): $5.95B
๐ฎ Summary: With BTC trading near a crucial resistance zone, the next few hours will be decisive. Keep an eye on these targets and watch for breakout confirmations.
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