$BTC

4hs

Current price: 96162.

Daily change: -1.87%

Key support: 94950

Key resistance: 98474

Bearish continuation: If the price breaks the support of 94950 with sustained volume, it could seek new bearish targets, such as 94,000 or 93,000.

Bounce: If the price maintains the support of 94950 and shows signs of recovery, it could attempt to test the resistance at 98474.

Short:

Entry: On a confirmed break of the support at 94950 (with increased volume and confirmation of bearish candles).

Take Profit (TP): 94,000 (first target) or 93,000 (second target).

Stop Loss (SL): Above the key support, at 95,500 or according to your risk tolerance.

Long:

Entry: On a confirmed bounce from the support at 94950 (with increased volume and RSI recovery).

Take Profit (TP): 98470 (key resistance).

Stop Loss (SL): Below the key support, at 94,800 or according to your risk tolerance.

Note: This information is provided solely for educational and learning purposes. It should not be interpreted as investment advice. Trading cryptocurrencies carries significant risks, and it is important to conduct your own analysis and manage risk appropriately before making any financial decisions.