$BTC /USDT TECHNICAL ANALYSIS: LONG TRADE SIGNAL
The chart shows Bitcoin (BTC) exhibiting a strong bullish recovery on the daily timeframe. Price action has successfully broken above the Bollinger Bands (BOLL) midline (basis), which currently acts as a dynamic support level. The recent green candles indicate strong buying pressure near the $89,200 region, aiming for the upper band.
TRADE SETUP
* Long Entry: $91,280 - $91,400
* Target 1 (TP1): $93,500
* Target 2 (TP2): $95,200
* Target 3 (TP3): $97,000
* Stop Loss (SL): $88,900
SHORT OUTLOOK
Market sentiment remains cautious. If the price fails to hold above the midline ($89,227), a breakdown toward the lower Bollinger Band ($87,193) is likely. High volatility at the current resistance levels may lead to a temporary correction or "fake-out" before the next major leg up.
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