$BTC ALERT: Testing Key Support
Bitcoin ($BTC) is trading at $97,018.31, down 0.14% in the past 24 hours. It hit a high of $98,478.42 before pulling back, now hovering near critical support.
š Key Levels to Watch:
Resistance: $97,500 ā A breakout above this level could signal bullish momentum.
Support: $96,600 ā A break below could trigger further downside.
šÆ Trade Setup:
Long Entry: Above $97,500
Targets:
1. $98,000
2. $98,500
Stop-loss: $96,800
Short Entry: Below $96,600
Targets:
1. $96,200
2. $95,800
Stop-loss: $97,000
š Market Insight:
Bitcoin is at a critical level. A bounce above $97,500 could push it back toward resistance, while failing to hold $96,600 may lead to increased selling pressure.
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