$BTC /USDT Trading Signal – Bullish Recovery Taking Shape?
Current Price: $94,646.71 (-0.29%)
24h High: $95,161.36 | 24h Low: $88,865.34
24h Volume: 259.15 WBTC / 23.93M USDT
Key Levels to Watch:
Resistance: $95,161.36, $95,766.02
Support: $93,074.71, $91,556.06
Market Insights:
WBTC has rebounded sharply from the $88,865.34 low, currently consolidating near $94,646.71. Buyers appear to be building momentum for a retest of the $95,161.36 resistance level.
Trading Strategy:
Entry Zone: $94,500.00 - $94,700.00
Targets:
Target 1: $95,161.36
Target 2: $95,766.02
Stop-Loss: $92,800.00
Observation:
The strong bounce from lower support indicates bullish sentiment. A breakout above $95,161.36 could push prices toward $95,766.02. Watch for volume spikes to confirm the trend. Maintain a tight stop-loss below $92,800 to limit downside risks.