$BTC /USDT Trading Analysis & Signal – 15-Min Chart

Bitcoin ($BTC ) is currently trading at $95,822.43, showing a -2.01% decline. The 24-hour range stands between $94,876.88 (Low) and $98,478.42 (High), indicating strong volatility.

Technical Overview:

The price recently touched a local high of $96,512.70, but faced resistance, leading to a pullback.

The support level is evident around $94,876.88, which aligns with the recent low.

The moving averages (MA) suggest a short-term consolidation phase, with MA(5) at $89,061.97 and MA(10) at $94,340.86.

Trade Signal – Buy Opportunity:

Considering the price is near support and BTC is in a volatile range, this could be a buying opportunity for short-term gains.

Entry Zone: $95,500 - $95,800

Target 1: $96,500

Target 2: $97,200

Stop Loss: $94,700

This setup provides a good risk-reward ratio. If BTC breaks below #LAYEROnBinance #BTCStateReserves #1000CHEEMS&TSTOnBinance #BNBChainMeme #writetoearn $BTC