$BTC Bulls Pushing Above $95K – Can the Momentum Continue?
BTC/USDT is currently trading at $95,512.67, up +2.24% today. The price has surged past resistance levels, reaching a high of $95,758.04, with strong volume indicating continued bullish pressure. However, price action near the $95,500 region shows potential for a pullback or further continuation.
Key Levels to Watch:
• Resistance: $95,758.04 – A clean break above this could push BTC toward the next targets of $96,000 and $96,500.
• Support: $95,250.00 – A pullback to this level could present a buying opportunity, with further support at $94,500.
Trade Setup – Price Action is Key
Bullish Scenario:
• Entry: Above $95,758.04
• TP1: $96,000
• TP2: $96,500
Bearish Scenario:
• Entry: Below $95,250.00
• TP1: $94,500
• TP2: $93,800
Stop-Loss: Place tight stop-losses near support to manage potential pullbacks.