š„$BTC /USDT Analysis Eyeing Resistance at 95,758 USDT!š„
šCurrent Price 95,214.60 USDT (0.08 Percent)
š24-Hour High 95,459.99 USDT (Critical Resistance)
š24-Hour Low 93,742.54 USDT (Key Support Level)
Volume (24H)
šBTC 14,373.32 BTC
šUSDT 1.36B USDT
#BTC is maintaining its position near the 95,214 USDT mark, with resistance at 95,758 USDT potentially determining its next move
ā”Technical Insights:
šøMoving Averages
MA (5) 2,288.02278
MA (10) 2,372.32482
Short-term bullish alignment, watch for crossovers near resistance.
šøBollinger Bands Slight compressionāpossible breakout nearing 95,758 USDT.
šøVolume Trends Liquidity remains strongāwatch for surges confirming direction.
šøResistance at 95,758 USDT If BTC breaks above, momentum could extend toward higher levels.
ā”Trading Setup:
šļøBullish Scenario
Type Breakout Continuation
šEntry Point Above 95,250 USDT (validated by rising volume)
šTake-Profit Targets
šÆTP1 (1:1) 95,500 USDT
šÆTP2 (1:2) 95,750 USDT
š¢Stop Loss Below 95,000 USDT
šļøBearish Scenario
Type Pullback Trade
šEntry Point Below 95,000 USDT (confirmed rejection at resistance)
šTake-Profit Targets
šÆTP1 (1:1) 94,500 USDT
šÆTP2 (1:2) 94,200 USDT
š¢Stop Loss Above 95,250 USDT
ā”Risk Management Strategy:
For Bullish Setup, adjust Stop Loss to Breakeven after achieving TP1 (95,500 USDT) and secure partial profits (approximately 50 Percent)
For Bearish Setup, lock in gains upon hitting TP1 (94,500 USDT) by moving Stop Loss to Entry
ā”Key Takeaways:
1. Volume Confirmation is critical for breakout or pullback validationāavoid false signals
2. Monitor the 95,758 USDT resistance zoneāa strong breach could fuel extended bullish moves
3. Patience and discipline are essential as BTC nears decisive price levels
Buy Or Trade With Me On $BTC