$BTC

šŸ“ˆ BTC/USDT Daily Update šŸ“ˆ

• Current Price: $96,745 (↑ +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 level—watch for a push toward the psychological 100k mark.

• Support: The 7‑day MA (ā‰ˆ95k) is holding as reliable intraday support.

• Volume: Gradually tapering—ideally we’d like to see a fresh volume pick‑up on continuation.

• Indicators: Price well above the 25‑MA and 99‑MA; short‑term momentum still bullish, though RSI (not shown) may edge toward overbought.

Strategy:

šŸŽÆ Hold / Add on Dips: Given the strong trend and breakout, consider holding for further upside.

šŸ”» Buy the Dip: Entries near the 7‑day MA (~95k) offer better risk/reward.

šŸ”’ Stop‐Loss: A break below 94k (below MA25) could signal a deeper pullback—use that to manage risk.

— Trade smart and happy stacking! šŸš€