BTC/USDT - Range Consolidation
Bitcoin is consolidating near the $88,000 level, trading between the 24h high of $88,573 and low of $87,795. Key moving averages are flat, with price hovering around MA(7) and MA(25), signaling indecision.
Entry Zone: $87,800 - $88,060
Stop Loss: $87,500 (below the recent swing low)
**Take Profit Targets:**
TP1: $88,350 (intraday resistance)
TP2: $88,573 (24h high)
TP3: $88,800 (breakout extension)
Volume is below average, suggesting low momentum. A clear break above $88,600 with increasing volume could signal a new leg up. Until then, treat this as a range play.
Trade carefully. Not financial advice.
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BTCUSDT
Perp
88,076.9
-0.15%
