🚀 **Analysis of BTC/USDT for Long and Short** 📉
Hello, traders! Let's analyze the current situation on the BTC/USDT pair. 📊
### 📈 **Long (Buy):**
- **Current price:** 96,879.99 $ (-3.46%) 📉
- **Support:** 96,150.00 $ (minimum in 24 hours) 🛑
- **Moving Averages:**
- MA(7): 97,000.38 $
- MA(25): 97,836.44 $
- MA(99): 97,964.09 $ 📏
- **RSI(6):** 34.31 (close to the oversold zone) 📉
**Strategy:** If the price holds above the support level of 96,150.00 $ and the RSI starts to rise, this could be a good entry point for a long. Targets: 97,000.00 $ and 97,836.44 $. 🎯
### 📉 **Short (Sell):**
- **Resistance:** 100,777.93 $ (maximum in 24 hours) 🚧
- **Moving Averages:**
- MA(7): 97,000.38 $
- MA(25): 97,836.44 $ 📏
- **RSI(6):** 34.31 (if it continues to decline, it may confirm weakness) 📉
**Strategy:** If the price fails to break the resistance level of 100,777.93 $ and the RSI continues to decline, this could be a signal to enter a short. Targets: 96,150.00 $ and below. 🎯
### 📊 **Volumes:**
- **Volume in 24 hours (BTC):** 31,468.16
- **Volume in 24 hours (USDT):** 3.08 billion 💰
### 🕒 **Time Frames:**
- **15 minutes:** Watch for short-term movements.
- **1 hour, 4 hours, 1 day:** For more long-term strategies. ⏳
### 📌 **Conclusion:**
- **Long:** Entry when holding support and RSI is rising.
- **Short:** Entry at rejection from resistance and declining RSI.$BTC
