đ Bitcoin Trading Insights đ
Analyzing the BTC/USD chart on Binance, we see crucial support at $25,000 and resistance at $30,000. The MA7 and MA25 moving averages are key indicators, showing bullish momentum as the price crosses above these lines. The MACD indicator confirms this trend with a bullish crossover.
Entry Strategy Consider entering a long position when the price breaks above the resistance level with strong volume, targeting the next resistance. Always set a stop-loss below the support to manage risk. đ
Stay informed and trade smart! đĄ
