$BTC /USDT Trading Signal – Potential Rebound in Play?
Current Price: $94,070.14
Observation: BTC/USDT shows signs of recovery after a recent low of $91,530.45. The price has reclaimed the 25 EMA, signaling a potential short-term bullish move. However, resistance near $95,000 remains key.
Trading Signal:
Entry (Long Position): $93,800–$94,200
Targets:
Target 1: $94,800
Target 2: $95,200
Target 3: $95,800
Stop Loss: $92,600
Technical Indicators:
The EMA25 and EMA99 trendlines suggest a consolidation phase with potential upward momentum.
Volume indicates rising buyer interest, supporting a breakout scenario.
Key resistance levels at $95,024 must be breached to confirm bullish continuation.
Risk Management: Set partial profit levels at each target. Monitor closely if BTC struggles near the $95,000 resistance. Adjust stop loss to entry price once Target 1 is hit.
