BTC/USDT Technical Analysis (Daily Timeframe)
Entry | Take Profit | Stop Loss Setup
Current Price: $96,449.50
Market Trend: Bullish Breakout from descending trendline resistance.
Entry Zone:
Entry: $96,177 - $96,449
(Based on breakout above resistance level at $96,177)
Take Profit (TP) Targets:
TP1: $103,624
TP2: $109,588
TP3: $111,342 (if bullish momentum continues)
Stop Loss (SL):
SL: $92,755 (below EMA14 and key support zone)
Technical Indicators:
EMA14: $92,755 | EMA50: $88,717
MACD Bullish Crossover: DIF (3120) > DEA (2565), momentum strong
Volume increasing with breakout
Strategy:
Price has broken out above strong resistance and retested the zone. A successful hold above $96,177 could lead to continuation toward $103K+ levels. Maintain SL for risk management.
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