$BTC
Current Technical Situation – BTC/USDT at 96,982.94
Overall Trend: Strong Uptrend
Recent Candles: Strong Horizontal Accumulation after Bullish Breakout = Signal for Possible Continuation
MACD: Very Positive – Still Above Zero
Averages:
Price Above MA(7) = 96,945 → Short-term Support
MA(25) = 95,875 → Medium Support
MA(99) = 95,297 → Long-term Support
Decision Now:
If you are already in the trade (i.e., bought before):
Stay in the trade currently.
Set a Trailing Stop Loss below 96,000 or below MA(7).
Next Possible Target: 98,200 then 100,000.
If you have not entered yet and are considering buying now:
Price at Resistance (97K), wait for a clear break above 97,732.
Or wait for a slight drop to 96,000 - 95,800 to enter safely.
Do not enter with full capital – use position sizing.
Recommendation Summary:
Status Recommendation
In Trade Stay – Watch Resistance 97,732
Out of Trade Wait for Breakout or Drop to Accumulate at 95.8K
Stop Loss Cautiously below 96,000
