BTC Rebound: Eyeing Key Resistance Levels for a Breakout .
BTCUSDT - Key Levels in Focus!
This 30-minute chart highlights a potential bullish breakout as BTCUSDT eyes the critical resistance level at $100,540. A clean break above this level could signal strong upward momentum, making it a prime target for bulls.
🔑 Bullish Perspective:
The recent bounce from $95,871.47 shows significant buying interest at the support level.
Price has moved above the yellow zone, indicating a potential continuation of the uptrend.
A breakout above $98,650.06 (red zone) could confirm the bullish scenario, targeting $100,540 and beyond.
⚠️ Bearish Perspective:
If the price fails to sustain above the yellow zone and falls below $95,871.47, bearish pressure may intensify.
Watch for signs of rejection at the resistance levels, which could lead to a pullback toward lower support zones.
📊 Trading Plan:
Bullish Trade: Enter above $98,650.06, aiming for $100,540 with a tight stop-loss near $97,000.
Bearish Trade: Short below $95,871.47, targeting the next support zone.
Stay cautious and manage your risk wisely! 🚀🐻
This 30-minute chart highlights a potential bullish breakout as BTCUSDT eyes the critical resistance level at $100,540. A clean break above this level could signal strong upward momentum, making it a prime target for bulls.
🔑 Bullish Perspective:
The recent bounce from $95,871.47 shows significant buying interest at the support level.
Price has moved above the yellow zone, indicating a potential continuation of the uptrend.
A breakout above $98,650.06 (red zone) could confirm the bullish scenario, targeting $100,540 and beyond.
⚠️ Bearish Perspective:
If the price fails to sustain above the yellow zone and falls below $95,871.47, bearish pressure may intensify.
Watch for signs of rejection at the resistance levels, which could lead to a pullback toward lower support zones.
📊 Trading Plan:
Bullish Trade: Enter above $98,650.06, aiming for $100,540 with a tight stop-loss near $97,000.
Bearish Trade: Short below $95,871.47, targeting the next support zone.
Stay cautious and manage your risk wisely! 🚀🐻
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.