BTC/USDT at Resistance: Rejection from R5 Indicates Pullback Ahead
BTC/USDT is facing strong resistance near the 93,766 level (R5), showing signs of rejection. With multiple failed attempts to break above, the chart indicates a possible short-term pullback. If the price dips below 92,688 and loses the 91,948 support, expect a potential drop toward 90,000 or even 88,690. Keep a close eye on volume and price action — this might be a good time to take profit or enter a short position depending on confirmation.
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