Perfect shot 92500 Breakout 🚀
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Technical Analysis (1-Hour Timeframe - $BTC ):
1. Price Action:
Current Price: 93,676.7
Recent High: 94,727.7 (acting as a strong resistance)
Price has been rejected multiple times near 94,700, showing selling pressure.
2. Support Level:
There's a strong support around 92,500.
If this level breaks, a further drop is likely.
Short Trade Setup (if support breaks):
Entry (Short): Below 92,400 (after candle closes below support)
Stop Loss: 94,800 (above recent swing high)
Target 1: 90,000 (previous support level)
Target 2: 88,500 (next major support)
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1. Price Action:
Current Price: 93,676.7
Recent High: 94,727.7 (acting as a strong resistance)
Price has been rejected multiple times near 94,700, showing selling pressure.
2. Support Level:
There's a strong support around 92,500.
If this level breaks, a further drop is likely.
Short Trade Setup (if support breaks):
Entry (Short): Below 92,400 (after candle closes below support)
Stop Loss: 94,800 (above recent swing high)
Target 1: 90,000 (previous support level)
Target 2: 88,500 (next major support)
More Updates Follow me 🚀
CryptoMarketCapBackTo$3T#MarketRebound #BinanceAlphaAlert #TrumpVsPowell #USStockDrop #BinanceHODLerHYPER
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,469.12
+0.13%