$BTC FACING SHARP SELLING – Will $93,500 Hold?
BTC/USDT is currently trading around $93,774, sliding under strong pressure after repeated failures to hold higher levels. Buyers are trying to defend major support, but the battle is heating up fast.
Key Levels to Watch
• Resistance: $94,500 – A breakout above this could push BTC toward $95,000 and $95,600.
• Support: $93,500 – Losing this level could drag BTC down toward $93,000 and $92,400.
Trade Setup – Crucial Zone Being Tested!
Bullish Entry: A confirmed move above $94,500 could target:
• TP1: $95,000
• TP2: $95,600
Bearish Entry: A break below $93,500 could target:
• TP1: $93,000
• TP2: $92,400
Stop-Loss: Always use tight stops based on trade direction to protect against volatility.