BTC/USDT Analysis Now | Extremely Accurate with Important Recommendations
Current Price: $94,149
Highest Price in 24 Hours: $95,369
Lowest Price in 24 Hours: $93,655
Daily Change: -0.25%
In-Depth Technical Analysis:
We notice the price bouncing from strong support at $93,655, confirming strong demand in this area.
The crossover of the short-term moving averages (MA7 and MA25) gives us a neutral signal leaning slightly positive.
The MACD indicator is still in the negative zone, but there is a slowdown in the downward momentum, which may herald the beginning of a gradual positive reversal.
Trading volumes have seen a jump followed by relative calm, indicating that the market is waiting for a strong movement soon.
My Predictions for the Coming Hours (with Precision):
If the price holds above $94,000 and does not break support at $93,655 again, a gradual rise to the $94,500 - $94,800 range is expected in the coming hours.
Breaking the $93,600 level with a 4-hour candle close would be a negative signal and could take us back to test the $93,000 - $92,800 levels.
Golden Advice:
For Beginners: Do not enter directly now. Wait for confirmation of a breakout at $94,300 with a strong candle close above it to avoid any false movements.
For Experienced Traders: You can start accumulating light buy positions now with a stop loss below $93,600, and reinforce positions after a stable breakout at $94,500.
Summary:
The market is at a very critical stage between strong support and nearby resistance. Patience and not rushing is the key to success at this stage.
Stay alert, opportunities are coming!
✍️:Ghaith