$BTC /USDT – Bearish Retracement in Play!

Momentum Analysis: Bitcoin (BTC) is experiencing a slight dip, with a -3.22% change from its 24h high of 91,100.00 USDT. Currently hovering at 86,139.56, it faces downward pressure. A potential retracement to key support levels is in the making, signaling possible short-term opportunities.

Long Setup:

Entry Zone: Consider entering near 85,450–85,600 USDT

Targets:

T1: 86,500 USDT

T2: 87,000 USDT

T3: 88,000 USDT

Stop Loss: Below 85,200 USDT

Breakout Confirmation Level & Key Support:

Key Support: 85,200–85,400 USDT (Critical level to watch)

Breakout Confirmation: Look for a reclaim above 86,500 USDT to confirm bullish movement.

Pro Tip for Traders: Stay nimble—BTC’s consolidation phase may present entry opportunities, but monitor volume and momentum for a breakout confirmation.

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