BTC/USDT Technical Analysis - Ready to Break Out? đ
Current Price: $62,258.13
Support: $59,917.02
Resistance: $62,294.87
Based on the latest trend and SAR value ($61,003.56), $BTC
is showing positive momentum.
đŻ Target 1: $63,000
A minor resistance is set around $63,000. If BTC can hold its gains, it could test this level soon. Traders should look for a volume increase for confirmation.
đŻ Target 2: $64,500
If BTC breaks above $63,000, target 2 at $64,500 is in sight. This level coincides with a previous swing high and could be a strong resistance zone.
đŻ Target 3: $66,000
With consistent buying pressure and positive macro news, BTC may reach target 3 of $66,000. This will be the key psychological barrier for bulls to overcome and would confirm the continuation of the uptrend.
Trade smart, stay updated, and always manage your risks!
Ready to ride the BTC wave? Trade on Binance now!
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