🚨 $BTC /USDT ALERT ON THE 4-HOUR CHART 🚨

Overview:

BTC/USDT has demonstrated strong bullish momentum, rising 10.74% over the past 24 hours. Currently trading at 89,642.01, it has recently tested a high of 89,800.00. Bitcoin is at a significant threshold, and traders should stay alert for potential continuation or correction.

Current Price: 89,642.01

Entry Price for Long Position: Around 89,650 (for a breakout above resistance or upon pullback confirmation)

💡 Critical Levels to Watch: 💡

Resistance Levels:

First Target: 89,800.00 – Immediate resistance; breaking this level could open the door to higher gains.

Second Target: 92,000.00 – A psychological resistance that might attract further bullish attention.

Third Target: 95,000.00 – A potential rally point if momentum remains strong.

Support Levels:

Key Support: 85,270.00 – Immediate support; holding above this could signal continued strength.

Secondary Support: 80,000.00 – A deeper support zone, crucial for maintaining the bullish trend.

Take-Profit Targets:

1. 89,800.00

2. 92,000.00

3. 95,000.00

Stop Loss Level: 85,270.00

⚠️ Cautionary Note:

BTC/USDT is trading near critical highs. Watch for a potential breakout above 89,800.00 for further upside, but be cautious of any rejection at this level. A drop below 85,270.00 could trigger a larger pullback. With high volatility in play, manage risks appropriately and be mindful of sudden price shifts.

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