Based on the provided BTC/USDT trading data, here's an analysis of potential resistance and support levels:
### **Support Levels** (Potential Buying Zones):
1. **Immediate Support**: ~$105,483.29
- This level aligns with recent price consolidation and acts as the first line of defense against further declines.
2. **Strong Support**: ~$104,004.52 to $101,046.98
- The 24h low was $104,482.68, and the chart shows a cluster of bids near $101,046.98 (likely psychological support at $101K).
### **Resistance Levels** (Potential Selling Zones):
1. **Immediate Resistance**: ~$108,104.74 (24h high)
- Price briefly touched this level but failed to break it decisively. A retest could lead to rejection or breakout.
2. **Higher Resistance**: Above $108,104.74
- If the price breaks the 24h high, the next resistance would likely form around $110K (psychological level).
### **Additional Observations**:
- **RSI(6) at 77.98**: Indicates overbought conditions, suggesting potential short-term pullback or consolidation before further upside.
- **MACD Bullish**: DIFF > DEA, but the high RSI may limit immediate upward momentum.
### **Key Action Points**:
- **Bullish Scenario**: A close above $108,104.74 could signal further upside.
- **Bearish Scenario**: A drop below $105,483.29 may test $104,004.52 (24h low zone).
Would you like a deeper analysis with trendlines or moving averages?