Thrilling Post:
Massive $BTC Long Liquidation Alert
A huge $486K long position just got liquidated at $97,282.95! This shows intense selling pressure at higher levels, likely trapping over-leveraged traders.
Support & Resistance Levels:
Immediate Resistance: $97,300
Key Support Zone: $96,800 - $96,500
Suggestion:
The market looks volatile. Here's how you could play this:
1. If $BTC breaks above $97,300 with strong volume, consider a short-term buy targeting $98,000.
2. If BTC fails to hold $96,800, prepare for a short/sell position with a target near $96,000 or lower.
Trade cautiously and always set stop-losses. High volatility can wipe out positions quickly! $BTC
#ElSalvadorBTCReserve #FranklinCryptoETF #BinanceAlphaAlert #BTCNextMove