#BinanceEarnYieldArena [28/03, 11:18 pm] Meta AI: BTC/USDT – Bouncing from the Dip Zone!
Market Situation:
1. *Current Price*: $84,054.34 (-3.26%)
2. *Key Levels*:
- Resistance: $85,600 / $86,800
- Support: $83,600 (24H low) / $82,500
Market Structure:
1. *Breakdown*: BTC broke
[28/03, 11:18 pm] Meta AI: BTC/USDT – Bouncing from the Dip Zone!
Market Situation:
1. *Current Price*: $84,054.34 (-3.26%)
2. *Key Levels*:
- Resistance: $85,600 / $86,800
- Support: $83,600 (24H low) / $82,500
Market Structure:
1. *Breakdown*: BTC broke down from the $86K zone.
2. *Support Test*: Tapped strong support at $83,600.
3. *Bullish Engulfing Candle*: Forming at the bottom on the 15M chart.
Trade Setup Idea (Short-Term Play):
1. *Entry*: $83,800–$84,100
[28/03, 11:18 pm] Meta AI: BTC/USDT – Bouncing from the Dip Zone!
Market Situation:
1. *Current Price*: $84,054.34 (-3.26%)
2. *Key Levels*:
- Resistance: $85,600 / $86,800
- Support: $83,600 (24H low) / $82,500
Market Structure:
1. *Breakdown*: BTC broke down from the $86K zone.
2. *Support Test*: Tapped strong support at $83,600.
3. *Bullish Engulfing Candle*: Forming at the bottom on the 15M chart.
Trade Setup Idea (Short-Term Play):
1. *Entry*: $83,800–$84,100
2. *Targets*:
- TP1: $85,000
- TP2: $85,800
3. *Stop Loss*: $83,400
Market Insight:
1. *Key Retest Area*: Previous support before the breakout.
2. *Bull Defense*: Bulls defending this zone could push price back toward short-term resistance.
Pro Tip:
1. *$85,000 Support Flip*: If BTC flips $85,000 into support, we may see a larger recovery leg.
2. *Rejection Near $85.8K*: Watch for rejection near $85.8K – it’s the short-term bull test.$BTC
