$BTC /USDT Update – Recovery in Progress

$BTC /USDT is currently trading at $96,919.58, showing a +1.33% gain in the last 24 hours. After testing a low of $94,646.03, Bitcoin has rebounded strongly and is now approaching resistance near $97,383.36. The MA(7) and MA(25) are crossing upward, indicating a potential shift in momentum toward bullish territory.

Entry Suggestion:

• Look for entries near $96,500-$96,900 if support holds.

Targets:

• Short-term Target: $97,500

• Next Target: $98,500

Stop Loss:

• Place a stop loss below $96,000 to protect against volatility.

The rebound indicates buying pressure at lower levels, suggesting further upside if resistance levels are cleared. Monitor closely for breakout confirmation above $97,500. Trade with caution and apply proper risk management.

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