What would be a good entry and exit level for bt bt tomorrow.
6/26/2024 12:33am
**Conclusion**: For Bit Digital (BTBT), the entry level for tomorrow's trade could be set at the support level of $2.64, while the exit level could be determined by the resistance level of $3.47.
1. **Support Level as Entry**: The support level at $2.64 is a strong point of resistance for the price, which could act as a floor for the price. Buying at this level could provide a good entry point, assuming the price does not break below this level.
2. **Resistance Level as Exit**: The resistance level at $3.47 is a key price point where the price may face selling pressure. If the price breaks above this level, it could indicate a potential upward trend, making the resistance level a suitable exit point. However, if the price fails to break through this level, it may reverse and consolidate within the range, signaling the need to consider other trading strategies.