$BTC USDT trading setup
1. Current Price
$96,233
2. Entry Point
Entry: Around $95,500 – $96,000
Slight retracement zone after recent rally.
Entry on minor pullback before potential breakout.
3. Stop Loss
Stop Loss: $92,500
Just below recent short-term support and 1D candle wick.
Protects against sharp downside reversal.
4. Resistance Levels
Immediate Resistance: $97,800
Major Resistance: $100,000
A psychological level and potential profit-taking zone.
5. Target Price
Target 1: $96,800-97,500-98,500
Near-term breakout target before major resistance.
Target 2: $100,000+
If momentum continues and breaks ATH resistance.
Setup Summary
Bias: Bullish
Timeframe: 1-day
Risk-Reward: ~1:2.5 (entry: 95,500 / SL: 92,500 / TP: 100,000)