$BTC
BTCUSDT
Perp
87,295.3
-0.47%
/USDT LONG TRADE SETUP
$BTC is currently trading at 86,858.3, showing signs of consolidation after testing a 24h low of 86,536.0. The price is currently slightly below the MA(7) of 87,019.4 and MA(25) of 87,272.3 on the 15m timeframe, suggesting a potential recovery if it can break back above these short-term moving averages. Bulls are defending the 86,700 - 86,800 support zone to prevent further downside.
Target Points
TP1: 87,850 (Near recent local high)
TP2: 88,500 (Key psychological resistance)
TP3: 90,000 (Major trend resistance)
Stop Loss
Set stop loss below 85,900 to limit downside risk (protecting against a break of the 86k support).
Buy and Trade here on $BTC
