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📊 Short-Term Analysis for $BTC /USDT 🔥
📈 Why a Long Trade?
1️⃣ Strong Recovery Toward $97K Resistance 🚀
🔹 BTC is showing strength after rebounding from the $95,800 zone.
🔹 Trading near $96,000 – a key psychological and structural level.
2️⃣ Key Resistance at $96,800 - $97,900 📊
🔹 Bulls need to break this resistance zone for further upside.
🔹 A breakout above $97,900 may spark a rally toward $99,000+.
3️⃣ Support Holding at $95,500 - $95,800 ✅
🔹 Price is consolidating above this base – signs of buyer accumulation.
🔹 Strong support range for potential long entries on pullbacks.
4️⃣ Volume Cooling Slightly, But Trend Intact 🔎
🔹 24H Volume: 14,607 BTC / $1.42B USDT
🔹 Moderate volume suggests consolidation before potential breakout.
📊 Short-Term Trade Setup
🔹 Long Entry: $95,800 - $96,100 (On dips/retest)
🎯 Targets: $96,800 / $97,900 / $99,000
🛑 Stop Loss: $95,200 (Below last demand zone)
🔹 Breakout Entry: Above $97,900 with volume confirmation
🎯 Targets: $99,200 / $100,000+
🛑 Stop Loss: $96,500
🔸 Breakout Confirmation:
✅ Clean break and close above $97,900 = Bullish continuation
❌ Fall below $95,200 = Exit long positions or re-evaluate
⚠️ Risk Management:
🔸 Keep SL tight below $95,200
🔸 Monitor volume and price action near $96,800-$97,000 zone
📈 Overall Bias: Bullish (as long as $95,500 zone holds firm)