$BTC

Quick analysis of the BTC/USDT pair (Binance):

The current price is experiencing some volatility after an upward trend. The key moving averages still support the long-term upward trend, but there are temporary weakness signals in the short term from momentum indicators (Stochastic and MACD are approaching bearish signals).

Key support and resistance levels:

Resistance: 97,895 USDT - 98,159 USDT

Support: 95,905 USDT - 94,233 USDT

Potential buying opportunities (be cautious):

Scenario One (Bounce from current support):

Entry Point: Wait for confirmation of a price bounce from the area of 95,905 USDT (EMA 25 level) with clear bullish signals such as:

A strong bullish reversal candle.

Bullish crossover on the Stochastic indicator.

Beginning of the widening distance between the MACD lines upward.

First Target: Resistance area around 97,895 USDT.

Stop Loss: Set the stop loss below the second support level of 94,233 USDT to avoid significant losses in case the support is broken.

Scenario Two (Break of resistance):

Entry Point: After a clear and sustained break of the first resistance level of 97,895 USDT with good trading volume. It is preferable to wait for a retest of the broken resistance level as new support.