BTC USDT gains

Here's a quick scalping analysis based on your BTCUSDT chart (1-hour timeframe, Heikin Ashi candles):

1. Price Action

Current Price: $107,517.3

Trend: Bullish momentum; price is making higher highs.

Resistance: Around $107,821 (local top).

Support: Strong support levels around $106,001 and $104,182.

2. Indicators Analysis

Bollinger Bands

Price is riding the upper band, indicating strong bullish momentum.

However, this may also suggest potential overextension—watch for a pullback.

Moving Averages

Shorter EMAs (e.g., yellow/red lines) are above the longer EMAs (blue), confirming a bullish crossover.

Price is above all major EMAs, showing strong bullish trend.

MACD

MACD line is above the signal line and both are above 0, indicating bullish momentum.

Histogram is positive and increasing.

RSI

RSI is at 70.23, approaching the overbought zone.

Watch for a potential reversal or minor pullback.

3. Volume

Strong 24h volume, indicating high participation—a good sign for scalpers looking for quick moves.

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Scalping Strategy Suggestion

Entry: Look for a small pullback near 107,000–107,200 if RSI cools down a bit.

Stop-Loss: Below 106,773 or tighter based on lower timeframes.

Target: Take quick profits at 107,600–107,800 resistance or based on 1:1 or 2:1 RR.

Caution

RSI in overbought zone = potential exhaustion.

Consider reducing position size or using tighter stops.

Would you like me to analyze this setup on a lower timeframe (like 5m or 15m) for more precise scalping entries?