📊 BTCUSD 2nd January 2025 Daily Analysis Based on Main Key Levels

Current Market Price (DCMP)

As of now, the Daily Current Market Price (DCMP) for BTCUSD is 95,594.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 98,138

Resistance 2: 99,906

Resistance 3: 102,768

✅ Support (Below DCMP)

Support 1: 94,870

Support 2: 95,276

Support 3: 92,414

📉 Swing Levels

Swing High: 99,881

Swing Low: 92,118

📋 Summary of Analysis

The current market price of 95,594 indicates that key resistance levels above this price include 98,138, 99,906, and 102,768. The support levels below this price are 94,870, 95,276, and 92,414. The swing high stands at 99,881, while the swing low is at 92,118.

💼 Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 95,276

Stop Loss: ❌ 94,870

Take Profit 1: 🎯 96,000

Take Profit 2: 🎯 96,500

📌 Reason for Entry

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

📉 Intraday Sell Trade

Entry Price: ✨ 98,138

Stop Loss: ❌ 99,906

Take Profit 1: 🎯 97,500

Take Profit 2: 🎯 97,000

📌 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. Stay tuned for more insights and happy trading! 🚀