BTCUSDT SPOT
Long

BTC/USDT 1H CHART PATTERN

57
The image presents a candlestick chart for BTCUSDT SPOT, displaying the price movement of Bitcoin (BTC) against the United States Dollar Tether (USDT) over a specific period. The chart is annotated with key levels and targets, indicating a trading strategy.

Chart Details:

- Timeframe: 1 hour
- Exchange: BYBIT
- Date: June 28, 2025
- Time: 09:34 UTC

Price Movement:

- Open: 107,358.0
- High: 107,360.1
- Low: 107,278.5
- Close: 107,297.0
- Change: -61.0 (-0.06%)

Annotated Levels:

- ENTRY LINE: 107,297.0
- TARGET 1: 106,139
- FINAL TARGET: Not explicitly labeled, but appears to be around 104,000

Analysis:

The chart shows a recent price drop, followed by a recovery and a current trading range. The annotated levels suggest a potential trading opportunity, with the entry line set at the current price and two targets set below it. The final target is not explicitly labeled but appears to be around 104,000.

Conclusion:

The image presents a technical analysis of the BTCUSDT SPOT price movement, highlighting key levels and targets for a potential trading strategy. However, it is essential to note that trading carries risks, and this analysis should not be considered as investment advice.

Disclaimer

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