$BTC MACD line is above the signal line, suggesting some upward momentum. Watch for a breakout above $98,700 for bullish confirmation or a breakdown below $96,150 for continued bearish momentum.
1. For Buyers: Wait for confirmation of a bounce from the $96,150 support or a breakout above $98,700 for an entry.
2. For Sellers: Consider taking profits near resistance levels at $100,777.
3. Risk Management: Use tight stop-loss orders below $96,000 to manage potential downside risks.
Support and Resistance Levels:
Support: $96,150.00 (24-hour low).
Resistance: $100,777.93 (24-hour high).
