🚨$BTC /USDT Technical Analysis🚨
📊The recent price action in BTC/USDT has been bearish, with a significant drop of -3.43% in the last 24 hours. The current price is $94,806.61.
📉Short-Term Outlook:
* Short Entry: Consider a short position near $95,200.
* Stop Loss: Place the stop loss at $96,000 to manage risk.
📈Long-Term Outlook:
* Long Entry: Wait for a potential dip to the $92,000-$93,000 range.
* Stop Loss: Set the stop loss below the recent low of $92,600.
📝Note: This analysis is based on the current market conditions and may change as the market evolves. It's crucial to conduct your own research and risk management before making any trading decisions.
⚠️Disclaimer: This post is for informational purposes only and does not constitute financial advice.
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