**๐ Bitcoin (BTC/USDT) Next Trend Analysis โ Key Levels to Watch! ๐**
The BTC/USDT pair is currently trading at **104,398.33**, showing a slight uptick of **+0.65%**. Letโs break down the key levels and potential trading strategy for Binance traders.
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### **๐ Trend Analysis**
- **Current Price Action**: BTC is consolidating between **24h High (104,984.57)** and **24h Low (103,005.33)**.
- **Bollinger Bands**:
- Upper Band: **104,206.29** (Resistance)
- Middle Band: **96,756.06** (Support)
- Lower Band: **89,305.84** (Strong Support)
- **MACD**: **Bullish Momentum** (DIF > DEA, MACD: 735.90).
- **Stochastic RSI**: Overbought (**94.54**), suggesting a possible pullback before continuation.
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### **๐ฏ Trading Strategy**
#### **โ Entry Zones**
- **Bullish Breakout**: Above **104,206.29** (Upper Bollinger Band).
- **Pullback Buy**: Near **96,756.06** (Middle Bollinger Band).
#### **โ Stop Loss**
- **Aggressive**: Below **103,005.33** (24h Low).
- **Conservative**: Below **96,756.06** (Middle Bollinger Band).
#### **๐ฏ Take Profit Targets**
1. **First Target**: **104,984.57** (24h High).
2. **Second Target**: **111,342.00** (Recent Swing High).
3. **Long-term Target**: **120,000+** if bullish momentum sustains.
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### **๐ Bearish Scenario**
If BTC breaks below **96,756.06**, watch for a deeper correction toward **89,305.84** (Lower Bollinger Band).
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### **๐ Final Thoughts**
Bitcoin is in a **bullish phase** but may see short-term consolidation. Watch the **Bollinger Bands and MACD** for confirmation.
**๐ก Trade Smart & Stay Safe!**
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**๐ข Whatโs your take on BTCโs next move? Drop your thoughts below! ๐**
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