$BTC/USDT – Set for a Bullish Breakout! 🔥💯
Bitcoin is currently trading at $95,745.86, facing resistance at $96,334.16. A break above this resistance could trigger an upside wave towards $98,768.01, confirming the bullish momentum. If rejected, a pullback to the support area at $95,246.58 is expected.
Long Setup
• Entry Zone: $96,350 - $96,750 (Upon Breakout Confirmation)
Targets:
• T1: $97,500
• T2: $98,768
• Stop Loss: $95,246
Short Setup (Upon Rejection at Resistance)
• Entry Zone: $96,250 - $96,000 (Upon Breakout Failure)
Targets:
• T1: $95,500
• T2: $94,800
• Stop Loss: $96,800
Market Insights & Pro Tips
• Watch for Breakout: A move above $96,750 with strong volume could confirm further upside.
• Support Zone: Staying above $95,246 is key for bullish momentum to continue.
• RSI & Volume: The RSI is rising but needs confirmation above 60. RSI & Volume will confirm a breakout.
🔥 Backup Plan: If Bitcoin price drops to $95,246, watch for strong buying interest before re-entering long positions. Avoid entering long positions for fear of missing out; wait for confirmation.
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