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__Dr MD NISAR__
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BTCUSDT Perp Short-Term Market Analysis $BTC is showing a steady recovery after the sharp sell-off from the 89,940 region down to 85,073. That drop flushed out weak hands quickly, and the bounce that followed looks controlled rather than emotional. Price is now trading around 87,780, holding above the short-term moving averages, which is a positive sign for momentum traders. On the 1H chart, BTC has reclaimed MA(7) and MA(25), indicating short-term strength is returning. However, price is still trading below MA(99) near the 88,900 zone, which acts as a major overhead resistance. This level will be important for continuation. A clean break and hold above it would shift the structure back into a clear bullish trend. Immediate support sits around 86,900ā86,500. As long as BTC holds this range, the market remains stable. A move below 85,900 could invite another test of the previous low, but for now, sellers look less aggressive. On the upside, 88,100ā88,300 is the first hurdle, followed by 89,000. Overall, BTC appears to be in a recovery phase, building a base. Best approach is patience and confirmation, not chasing short-term moves.
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