#BTC
Hi Friends, so am back again with today's analysis for 25-04-2025.
Based upon the price movements that has happened till now, mentioned below are the support & resistance levels -
Support at - 92687
Resistance at - 94000
As we can see from the chart below, the price has taken support multiple times at 92600 levels and has moved up from there. Similarly it has tried to breach the 94000 levels multiple times but has failed, making 94000 as one of the major resistance levels in the process.
Possible Trade scenarios #BTCtrade
Go long near the support.
Go short near the resistance.
Target - 2 to 5%.
#ExitStrategy - Exit as soon as target is achieved or SL is hit.
Hopefully you will find this helpful to plan your trades 😊