$BTC /USDT Trading Signal - Facing Downward Pressure!

Bitcoin (BTC) is currently trading at $97,797.12, showing a 3.55% decline in the last 24 hours. After peaking at $106,457.44, BTC faced strong selling pressure and is now testing support near $96,150.00.

Entry Zone: $97,500 - $98,000

Target 1: $99,500

Target 2: $101,000

Stop Loss: $95,500

Observation: BTC is struggling to regain bullish momentum, with resistance around $100,519.13. A break below $96,150.00 could trigger further downside, while holding above $97,500 may lead to a recovery towards $101,000.

Pro Tip: Watch for increased volume near $98,000 for signs of a reversal. RSI is in neutral territory, suggesting potential for both a bounce or continued correction.

Current Value: $97,797.12

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