🚨 $BTC /USDT ALERT: Key Support Tested Amid High Volatility! 🚨
Bitcoin ($BTC) is trading at 96,327.99, down by 2.88% in the last 24 hours, testing its critical support zone after failing to sustain above $100,000. This move has triggered increased market activity, with the 24-hour volume exceeding 55K BTC.
Key Levels to Monitor:
1. Target 1: 99,785.13 – Immediate resistance; reclaiming this level could signal recovery.
2. Target 2: 104,088.00 – A retest of recent highs if bullish momentum resumes.
3. Target 3: 110,000.00 – A psychological level to watch for extended gains.
Support Zones:
Support 1: 94,150.05 – Crucial level; failure to hold may lead to further declines.
Support 2: 90,500.00 – Major support that must hold to prevent a bearish breakdown.
Market Sentiment:
Bitcoin is facing significant selling pressure, with buyers attempting to defend the support at 94,150.05. A bounce from this level could lead to a swift recovery. However, breaking below 90,500.00 might spark panic among traders, pushing BTC lower.
Caution:
Stay alert as volatility remains high. Use proper risk management strategies to navigate the market effectively.
#BTC #CryptoTrading #BitcoinSignals #Share1BNBDaily #Write2Earn!
