$BTC / USDT – Range Compression Poised for Breakout
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📊 Current Price: $94,900 (+0.26%)
📉 Market Insight:
• BTC has been consolidating under $95K, showing signs of volatility compression, typically a prelude to strong directional movement.
• Bullish pennant breakout forming on the 4H chart, but volume remains light—confirmation is crucial.
• Structure is still neutral-to-bullish; RSI ~58 shows strength without being overbought.
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📐 Technical Setup:
✅ Trend: Sideways but showing upward momentum
✅ Resistance Zones: $95,500 / $96,500 / $98,000
✅ Support Zones: $93,000 / $92,000 / $91,500
✅ MA Levels: Holding above 200-day, testing 50-day
✅ RSI: Neutral-Bullish (58)
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🎯 Trade Setup (Swing to Position):
Long Plan:
Entry Zone: Break and hold above $95,500
Target 1: $96,500
Target 2: $98,000
Target 3: $100,000
Stop Loss: Below $94,000
Short Plan:
Entry Zone: Breakdown below $93,000
Target 1: $92,000
Target 2: $91,500
Target 3: $90,000
Stop Loss: Above $95,000
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💡 Pro Tip:
Watch for a volume spike above $95.5K for bullish confirmation. Breakout trades require patience and timing—avoid over-leveraging in this reactive market.
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🔥 $BTC is gearing up for a decisive move. The $2.5K range is getting tight—next 24–48 hours could define direction. Bulls eye $100K, bears defend $93K. Stay nimble and reactive.
