This is a cryptocurrency chart of Bitcoin ($BTC ) trading against Tether (USDT) on Binance.

Key Details:

Current Price: 99,023.50 USDT

24H High: 105,260.36 USDT

24H Low: 97,777.77 USDT

Price Change: -5.42% (indicates a significant drop recently)

Volume: Strong volume, showing active trading.

Support and Resistance Levels:

1. Support Level:

Closest support: 97,777.77 (24H low). This is a level where buyers might step in.

2. Resistance Level:

Closest resistance: 105,200 (recent high before the drop). This is where selling pressure could increase.

Suggested Next Move:

Wait and Watch:

Price is currently near a recent low (97,777). It’s wise to observe if it breaks below this or bounces back.

Buy if:

The price stabilizes above 99,000 and shows a strong upward trend. This indicates potential recovery.

Sell if:

The price breaks below 97,777 with strong momentum. This signals further downside.

Thrilling Takeaway:

BTC is at a critical level after a sharp 5.42% drop. It’s either preparing for a bounce or more bearish movement. Stay alert for volume and trend changes.

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