$BTC /USDT – Consolidating Between Crucial Zones!

Current Price: $83,995.84 (+0.46%)

24H High: $85,500 | 24H Low: $83,140

Market Outlook:

Bitcoin is currently ranging between two key intraday levels — resistance around $84,700–$84,900 and support near $83,500–$83,700. This tightening range hints at an upcoming decisive move.

Key Levels to Watch:

Resistance: $84,800 – $85,000

Support: $83,600 – $83,800

Price Action Snapshot:

BTC has recently revisited the lower support zone and is attempting a rebound. However, repeated rejections near resistance suggest sellers are still active. Ideal conditions for range traders, while breakout traders should wait for confirmation.

Potential Trade Setups:

Bullish Breakout: Entry above $85,000

Target 1: $85,700

Target 2: $86,300

Stop Loss: $84,400

Bearish Breakdown: Entry below $83,400

Target 1: $82,800

Target 2: $81,900

Stop Loss: $84,100

Pro Tip:

Avoid getting caught in mid-range noise. Patience pays—wait for a clear breakout or breakdown before entering a position.

Tight range… Big move incoming? Stay sharp!

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