$BTC
Quick Technical Analysis
Trend: The price has risen by 1.49% in the last 24 hours, indicating a recent bullish move.
Price Range (24h):
High: 97,400 USDT
Low: 95,048 USDT
Current Price: 97,102 USDT
It is close to the daily high, which could indicate resistance.
Fear and Greed Index: 49 (Neutral) → There is no strong buying or selling pressure.
Strategy according to the scenario
If the price breaks 97,400 USDT with high volume, it could continue to rise.
Strategy: Wait for confirmation and buy on the pullback.
If the price fails to break above 97,400 USDT and falls below 97,000 USDT, it could correct.
Strategy: Sell and wait for a pullback to buy again at lower levels (95,500-95,000 USDT).
Decision: Buy or Sell?
It depends on your strategy:
✔ Sell if you think BTC will reject the resistance and go down.
✔ Buy if you see a breakout with volume and confirmation above 97,400 USDT.
If you want to trade with less risk, you could wait for a clear confirmation before entering.