🚨 Get ready—$BTC /USDT is on the brink of a major move! 🚨
Bitcoin is currently navigating a tight upward channel, trading at 68,270 USDT, and showing strong signs of accumulation. As it approaches the upper resistance boundary, all eyes are on potential breakout or rejection!
💡 Key Levels to Watch:
Resistance: 68,700 USDT – A clean break above this could ignite a rally toward 70,000 USDT and beyond!
Support: 67,000 USDT – If Bitcoin drops below this, we could see it test the lower channel around 65,500 USDT.
🔑 Entry Strategy:
Long Position: Look to enter around 68,300 USDT on a breakout confirmation above resistance. Aim for profits at 70,000 USDT with a Stop Loss at 67,000 USDT to manage risk.
Short Position: Consider entering on a rejection near 68,700 USDT, targeting 67,000 USDT with a Stop Loss at 69,000 USDT.
With high volatility expected, ensure your risk management strategies are in place!
Current Price: 68,236.03 USDT (-0.32%)
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