Hello everyone,
I hope you are all well
BTC is showing strength with a price increase. This movement may attract more investors and consolidate an upward trend.
If BTC breaks through the new resistance of 106,853.27 USDT, it may continue to rise. Otherwise, it may test new support levels.
- Immediate support: 102,000.00 USDT** (low of the last 24h)
- Intermediate support: 99,500.00 USDT (psychological level and point of high volume)
- Critical support: 95,805.73 USDT (50-period EMA, strong technical reference)
- Macro support: 88,675.90 USDT (200-period EMA, important for long-term trend)
The moving averages continue to indicate a trend.
- High RSI (72.15): May indicate overbought conditions, increasing the likelihood of a correction.
- Significant Volume: Supports the liquidity necessary for large movements.
Overall, the signals continue to indicate an upward trend, but with potential for correction if supports are tested.
I believe a severe correction is on the way, but it is likely not before liquidating around 92.3M at approximately 107,500.00 USDT, so be cautious and watch out for traps.
Your most valuable token is your capital, so protect it. 🚀
A strong hug.
