🚀 $BTC /USDT Trade Setup
🔑 Entry Zone: $102,500
🛑 Stop Loss: $100,900
🎯 Take Profit (TP):
TP1: $103,750 🟢
TP2: $105,500 🟢
TP3: $108,500 🟢
Technical Analysis
1️⃣ RSI (Relative Strength Index):
📉 Current RSI is 35.99, indicating that Bitcoin is approaching oversold conditions. This suggests a potential recovery if buying activity increases.
2️⃣ Bollinger Bands:
🟡 Price is near the lower Bollinger Band, which often acts as a support zone. This suggests the potential for a bounce or short-term consolidation.
3️⃣ Volume Analysis:
📊 Volume is currently decreasing, indicating weak momentum. However, if buyers step in near the support zone, a breakout toward the given targets could follow.
💡 Conclusion
$BTC /USDT is trading near a critical support zone at $102,500. Technical indicators like RSI and Bollinger Bands suggest a potential bounce. If buying pressure increases, the price may move towards the listed targets. Use tight stop-loss management to reduce risk.
📢 What’s your view on this trade setup? Let us know below! 👇🔥
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