$BTC Liquidation Alert!
$BTC : A long of 0.005 BTC was liquidated at an eye-catching level of 97,037.60 USDT!
Though the amount is small, the price action near this level could signal interesting market behavior. Here's what to watch for:
Next Move Prediction
• Current Trend: Slight bearish pullback after liquidation.
• Support Zone: 96,500 (potential bounce zone).
• Resistance Zone: 98,000 (key rejection area).
Trade Strategy
📈 BUY:
• Entry: 96,700 – 97,200
• Target: 98,000 – 98,500
• Stop Loss: 96,200
📉 SELL:
• Entry: 98,000 – 98,200
• Target: 97,000 – 96,500
• Stop Loss: 98,800
Market Insight
BTC’s liquidation at this high level shows volatility remains elevated. Watch for a breakout above 98,000 for bullish continuation or a rejection near resistance for a potential short-term drop.
Disclaimer: Use appropriate risk management; this is not financial advice.
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