$BTC /USDT – Bullish Momentum Continuing
Current Price: $88,860 / Rs24,895,906.2 (+1.72%)
24h High / Low: 89,567.75 / 86,891.70
24h Vol: BTC – 13,990.64 | USDT – 1.24B
Analysis:
BTC is maintaining bullish momentum, holding above the $88,300 support level. The price tested the $89,500 resistance but slightly retreated, indicating short-term profit-taking. Volume is strong, supporting potential continuation toward higher levels.
Key Levels:
Support: $88,300 – $87,900
Resistance: $89,500 – $89,800
Trading Plan:
Entry Zone: $88,500 – $88,800 (on pullback or breakout confirmation)
Targets: $89,800 | $90,500
Stop Loss: $87,900
Outlook:
Bullish continuation likely if BTC sustains above $88,500. A drop below $88,000 may indicate short-term retracement toward $87,500. Traders should watch for volume spikes near resistance for confirmation of a breakout.
