Trading signal on BTC/USDT pair: Support level holds, active recovery signal
Analysis:
Bitcoin has once again defended the support area between 89,500 and 90,000, showing a stable recovery structure on the chart. With selling pressure easing and buyers returning, the upward trend is likely to continue as long as Bitcoin maintains this area. The candles are holding and momentum is gradually shifting upwards.
Trading settings (Buy):
Entry level: 90,300 - 90,700
First target (TP1): 91,200
Second target (TP2): 92,000
Third target (TP3): 92,600
Stop Loss: 89,450
Summary:
Bitcoin shows strong recovery signals with clear stability at the support level.
Entering buy positions near 90,300 - 90,700 may lead to significant upward movement.
Monitor the support level - as long as the price stays above this area, further increases are expected.
Stay disciplined and closely monitor prices for the best entry opportunities.
