Current Price:
94,274.02 USDT
The price is hovering close to the lower side of the recent range.
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Key Market Levels:
24h High: 95,050.94 USDT
24h Low: 93,984.55 USDT
Resistance Levels: Around 108,353.00 USDT (recent high)
Support Levels:
90,500.00 USDT
89,607.35 USDT
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Trend Analysis:
The chart shows a mix of green and red candles, indicating consolidation after recent volatility. The price appears to be attempting to stabilize, but a breakdown below 93,535.01 $BTC could indicate bearish momentum.
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Possible Trade Setups:
Bullish Setup:
Entry: Above 95,500 USDT (breakout confirmation)
Take Profit:
TP1: 97,500 USDT
TP2: 101,390 USDT
TP3: 108,000 USDT
Stop Loss: 93,500 USDT
Bearish Setup:
Entry: Below 93,500 USDT
Take Profit:
TP1: 91,500 USDT
TP2: 90,500 USDT
TP3: 89,500 USDT
Stop Loss: 95,000 USDT
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Outlook:
BTC/USDT is consolidating near a key level. A breakout could lead to strong momentum. Watch for volume surges to confirm either direction.