The chart showcases key price levels and market activity for $BTC /USDT on the 30-minute timeframe. Highlighted areas indicate the following:
1. Support Zones: Clear rebounds at lower price levels, notably around $92,232.54, indicating strong buyer interest.
2. Resistance Levels: Struggles near $99,453.71, marking a critical resistance zone.
3. Breakout Points: Sharp movements breaking above or below these levels suggest significant volatility or trend reversals.
4. Current Price Action: BTC/USDT is consolidating near $95,356.68 after a sharp pullback.
Traders should monitor these levels closely. A sustained move above resistance could signal bullish continuation, while breaking support may confirm further downside. Plan trades with appropriate risk management and stop-loss strategies.
