📊 BTCUSD Weekly Analysis Based on Main Key Levels

Current Market Price (DCMP)

The Daily Current Market Price (DCMP) for BTCUSD is 98,091.

Key Levels

Resistance (Above DCMP)

🛑 Resistance 1: 98,138

🛑 Resistance 2: 99,906

🛑 Resistance 3: 102,768

Support (Below DCMP)

✅ Support 1: 95,276

✅ Support 2: 90,646

✅ Support 3: 87,784

Swing Levels

📈 Swing High: 99,881

📉 Swing Low: 92,118

Summary of Analysis

The current market price of 98,091 indicates that the key resistance level above this price is 98,138, while the support level below is 95,276. The swing high stands at 99,881, and the swing low is at 92,118.

Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 95,276

Stop Loss: ❌ 94,933

Take Profit 1: 🎯 96,286

Take Profit 2: 🎯 98,473

Reason for Entry:

The price is approaching a key support level at 95,276, which presents a favorable buying opportunity based on technical analysis.

📉 Intraday Sell Trade

Entry Price: ✨ 98,138

Stop Loss: ❌ 99,906

Take Profit 1: 🎯 97,638

Take Profit 2: 🎯 96,286

Reason for Entry:

Resistance at 98,138 indicates a potential selling opportunity, with targets set below this level.

Conclusion

This analysis provides a concise overview of key levels and trade opportunities for BTCUSD. By monitoring these levels, traders can make informed decisions in the current market environment. Happy trading! 🚀