Support & Resistance Levels:
• Support Level 1: 97,000 USDT
• Support Level 2: 96,000 USDT
• Resistance Level 1: 98,500 USDT
• Resistance Level 2: 99,500 USDT
Market Sentiment:
Given that the Long positions dominate, and with a price currently sitting near its resistance level of 97,650.40 USDT, the market seems to be showing signs of consolidation or a potential pullback to test the support levels before making another attempt to break above 98,500 USDT.
Trading Strategy:
🔷 BTC/USDT
🟩 Long - The market sentiment favors a Long position with a strong bullish trend in the short term.
♻️ Leverage: 10x (Can be adjusted based on risk tolerance)
👉 Entry: 97,650 USDT
Target 🎯:
• 98,500 USDT
• 99,000 USDT
• 99,500 USDT
• 100,000 USDT
Stop Loss ⛔:
• 96,000 USDT
