Based on the $BTC USDT 4-hour chart you provided, the price is in a strong parabolic uptrend, having recently peaked at 97,733.9 before a slight pullback to the current price of 96,856.2.

BTC
BTCUSDT
95,126.9
-1.03%

Entry Price: 96,856.2 (CMP)

➡️ Strong bullish trend in play. Price is firmly holding above the MA(7) (yellow line), confirming short-term momentum remains intact.

Stop Loss (SL): 94,500.0

➡️ Positioned just below the recent swing low and MA(7) support. A breakdown here would signal loss of bullish momentum and invalidate the setup.

Take Profit (TP): 100,000.0

➡️ Major psychological resistance. Round numbers often act as strong liquidity and profit-taking zones, attracting heavy participation.

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