$BTC /USDT — Technical Analysis & Trade Setup
Current Price: $96,895.41
24h Change: +2.85%
Timeframe Analyzed: 2H
Technical Analysis:
Trend: Strong bullish bounce off $93,377 with large bullish candle.
Support: $93,377 (recent low and bounce zone)
Resistance: $97,895.68 (local top), psychological at $98,000+
Volume: High on breakout, confirming strength.
Price Action: Currently testing overhead supply.
Trade Setup:
Bullish Continuation:
Entry: $96,600–$96,900 (pullback area near MA zone)
Target 1: $98,000
Target 2: $99,200–$100,000
Stop-Loss: $95,700
Reversal Short Setup (Aggressive):
Entry: $97,800–$98,000 (if price rejects again)
Target: $95,000
Stop-Loss: $98,300
