BTCUSD.P, BinanceFutures, ShortTerm

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Technical Analysis:

Overview
The local growth range has been established between 98,310 and 100,438 USD. The price remains above critical levels, with a potential retest of the upper boundary of the mid-term range (102,000 USD) expected, provided the support level (94,000 USD) holds.

Trading Levels and Targets
Growth Targets (Long Opportunities):

First Target: 104,000 - 105,000 USD
This level corresponds to the upper boundary of the range and represents a previous resistance zone.
Further Target: Monitoring price reactions above 105,000 USD for potential new growth opportunities.

Support Levels (Stop Levels):
Below 94,000 USD: A sustained drop below this level invalidates the current growth scenario.
92,000 USD: Represents the lower boundary of the mid-term range, a breach of which could indicate a continuation of the bearish trend.

Key Levels in the Short Term:
Support: 94,000 USD
Resistance: 102,000 USD, followed by 104,000 - 105,000 USD

Risks and Confirmations:
If the price moves below 94,000 USD, the growth scenario is no longer valid.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice or a recommendation. All trading decisions should be made at your own discretion and responsibility.

Feragatname

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