🚀$BTC /USDT Breakout Alert!📈 The price of BTC has surged to 85500, marking an impressive gain in just 24 hours! 🔥 The 1-day candlestick chart on Binance shows a strong bullish move after breaking above the key resistance at 85200, with a massive green candle reflecting high buying pressure. Trading volume has spiked, and 24-hour volume reached indicating strong market interest.
Technical Analysis:The price dipped to a 24-hour low before rocketing upward, showing a increase from that level. The 50-day Simple Moving Average (SMA) is providing support around 85200, reinforcing the bullish trend. However, the next resistance to watch is at 85500—can it break through? 📊 If momentum continues, we might see a push toward 86500 soon. On the downside, support lies at 85500 a break below could signal a pullback
Market Sentiment:The 24-hour volume in USDT terms, showing active trading. Posts on X suggest traders are eyeing a symmetrical triangle breakout, with some expecting a surge toward the $BTC resistance zone in the longer term. 🧠 However, this is speculative and should be approached cautiously due to crypto market volatility.
Watchlist Action: Add $BTC
to your radar! 📡 Keep an eye on the
85500 resistance for a potential breakout, or monitor the 85900 support for a possible dip-buy opportunity.