$BTC /USDT Trade Signal – 02 May 2025
Bitcoin is showing strong bullish momentum, currently trading at $97,730.57 with a daily gain of +0.55%. The price has broken above the MA(25) and MA(7), indicating potential continuation of the uptrend.
Long Entry:
Entry Zone: $97,300 – $97,500
Target 1: $98,150
Target 2: $98,900 (24h High)
Stop Loss: $96,700 (below MA(25))
Short Entry:
Entry Zone: $97,900 – $98,000 (resistance rejection)
Target 1: $96,800
Target 2: $96,200 (24h Low)
Stop Loss: $98,500
Volume is rising, and the 30M chart suggests bullish strength. Trade with proper risk management.
Trend Bias: Bullish (short-term) – Watch for breakout confirmation or rejection.