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Current Status:
Price: $110,501.57
24h Change: +3.81%
24h High/Low: $111,880.00 / $106,100.01
Volume (24h): 53,259.94 BTC / 5.80B USDT
Moving Averages (MA):
MA(7): 110,966.84 (short-term trend)
MA(25): 108,808.45 (medium-term trend)
MA(99): 106,019.88 (long-term trend)
Analysis:
The price is above all MAs, indicating bullish momentum.
MA(7) is about to cross down below the price, which might be a short-term correction signal.
MA(25) and MA(99) are rising, confirming an ongoing uptrend.
Volume:
A noticeable spike in volume occurred around the price surge toward $111,880.
Volume has declined after the peak, suggesting potential cooling-off or consolidation.
Support & Resistance:
Resistance: Around $111,880 (recent high).
Support: Around $108,000–$106,000 (previous consolidation zone + MA(25)/MA(99)).
Trend Outlook:
Short-Term (1H): Still bullish but possibly entering pullback or consolidation.
Mid to Long-Term: Remains bullish with strong MA support and price trend.
What to Watch:
If price holds above $110,000, bulls may try to retest $112,000+.
If price breaks below $108,800, a pullback toward $106,000 or MA(99) could occur.
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