🚀 BTC/USDT Technical Analysis
is currently trading around $61,704, showing some pullback with a 3.24% decline from recent highs.
Key Levels to Watch:
🎯 Target 1: $60,164 - This is the 24h Low support zone. Breaking below might signal further downside, but a bounce here could mean a reversal.
🎯 Target 2: $61,637.16 - The Parabolic SAR resistance. Moving above this level could indicate a shift towards bullish momentum.
🎯 Target 3: $64,130.63 - The 24h High. A push past this level may set the stage for a new uptrend, attracting strong buying interest.
📊 Short-Term Indicators:
In the 15-minute timeframe, BTC is up 0.75%, showing a slight recovery.
The 1-hour timeframe is still weak, suggesting a need for confirmation of trend direction.
Stay alert, and always remember to manage your risk!
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