BTCUSDT Perpetual (Binance Futures) is currently showing bullish momentum after rebounding from the 92,700 USDT support zone. For a buy (long) setup, the ideal entry zone is between 94,500 and 94,900 USDT, with a take profit (TP) target at 95,500–95,700 USDT and a stop loss (SL) placed below 94,000 USDT. On the other hand, if resistance is confirmed around 95,500–95,700 USDT, a sell (short) opportunity may be considered, with entry in that zone, a take profit target at 94,500–94,600 USDT, and a stop loss set above 95,800 USDT. The RSI(6) is currently at 65.3, indicating strong bullish momentum, but caution is advised as the market approaches an overbought level. In terms of trend, the 1-hour timeframe shows a clear bullish bias, with key resistance at 95,578.8 USDT and key support at 92,700.0 USDT.
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