BTC/USDT Technical Analysis
Current Price: $111,330.7 (+0.03%)
- Short-term Trend: Neutral to Slightly Bullish
- Key EMAs:
- EMA7 (111,189.1) > EMA25 (111,028.0) > EMA99 (109,958.0) → Bullish alignment (supports upward momentum).
- **Volume**:
- Current VOL (12.258M) is below MA5 (43.526M)** and **MA10 (71.667M)**, indicating **low momentum** in the short term.
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**Key Levels**
- **Support**:
- **EMA25 (111,028.0)** → Critical short-term support.
- **EMA99 (109,958.0)** → Stronger support if a deeper pullback occurs.
- **Resistance**:
- **Recent High (111,341.8)** → Immediate resistance.
- Psychological level at **$112,000**.
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**Bullish Scenario** (If price holds above EMA7)
- **Entry**: Break above **111,341.8** with rising volume.
- **Targets**:
- **TP1**: **112,000** (key psychological resistance).
- **TP2**: **113,500** (next swing high if momentum strengthens).
- **Stop Loss (SL)**: Below **EMA25 (111,028.0)**.
**Bearish Scenario** (If price breaks below EMA25)
- **Entry**: Drop below **111,028.0** with increasing volume.
- **Targets**:
- **TP1**: **110,500** (minor support).
- **TP2**: **109,958.0** (EMA99 support).
- **Stop Loss (SL)**: Above **111,341.8** (recent high).
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**Conclusion**
- **Bias**: **Mildly bullish** due to EMA alignment, but low volume suggests caution.
- **Watch for**:
- **Breakout above 111,341.8** → Confirm bullish momentum.
- **Break below EMA25 (111,028.0)** → Potential short opportunity.
**Risk Note**: Always confirm with volume and price action before entering trades.
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*(Disclaimer: Not financial advice. #btc #btc
