$BTC
š BTC/USDT Daily Update š
⢠Current Price: $96,745 (ā +1.16% 24h)
⢠Trend: Clear uptrend since early April, rallying from ~$74.5k to near $97.5k.
⢠Resistance Breakout: Price just pierced the 97.4k levelāwatch for a push toward the psychological 100k mark.
⢠Support: The 7āday MA (ā95k) is holding as reliable intraday support.
⢠Volume: Gradually taperingāideally weād like to see a fresh volume pickāup on continuation.
⢠Indicators: Price well above the 25āMA and 99āMA; shortāterm momentum still bullish, though RSI (not shown) may edge toward overbought.
Strategy:
šÆ Hold / Add on Dips: Given the strong trend and breakout, consider holding for further upside.
š» Buy the Dip: Entries near the 7āday MA (~95k) offer better risk/reward.
š StopāLoss: A break below 94k (below MA25) could signal a deeper pullbackāuse that to manage risk.
ā Trade smart and happy stacking! š