$BTC (4 hours)
- Current Price:Approaching 98645
- Key Resistance:98645
- Current Support:96984
- Direction:Possible Upward Move
1. Breakout:If price breaks above the resistance of 98645 with sustained volume, it could look for new upside targets such as 99000 or 100000.
2. Reversal:If price rejects the resistance of 98645, it could correct towards the support at 96984 or even lower.
- Entry:Close to the current support (96984) or on a confirmation of a breakout of the resistance (98645).
- Take Profit (TP): 99000 (first target) or 100000 (second target).
-Stop Loss (SL): Below current support at 96500 or based on your risk tolerance.
Note: This information is provided for educational and learning purposes only. It should not be construed as investment advice. Cryptocurrency trading involves significant risks, and it is important to perform your own analysis and manage risk appropriately before making any financial decisions.