The $BTC /USDT pair on the 30-minute chart from Binance is currently priced around $94,180, trading within a 24-hour range of $93,655 to $95,369. Recently, BTC formed a lower high after failing to break above $95,500 and bounced from $93,655, suggesting short-term support at that level. A spike in volume during the bounce indicated strong buyer interest, but the current volume is now shrinking, signaling indecision or cooling off. The moving averages (MA5 below MA10) point to short-term weakness, and both averages are flattening, hinting at a possible range-bound movement. The order book shows heavy sell walls around $94,180–$94,200, while buyer pressure appears lighter, indicating selling pressure dominates for now. Although detailed indicators like StochRSI, RSI, and MACD are not shown, the price action suggests neutral to slightly weak momentum. Immediate key levels are $93,655 for support, and $94,396 for resistance, with a bigger resistance zone at $94,800–$95,200. Potential trade setups include a short-term long from $94,000–$94,050 with a stop loss at $93,600 and targets at $94,400 and $94,800, offering about a 2:1 risk-reward ratio. Alternatively, a short setup could be considered if price rejects near $94,400, entering around $94,350–$94,400 with a stop at $94,650 and targets at $94,000 and $93,700. Overall, the trend is slightly bearish but not strongly trending, making range trading between $93,600 and $94,400 a sensible strategy for now, with volume behavior critical to watch for a potential breakout.


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