$BTC USDT – CRUCIAL ZONE HOLDING ABOVE $107K

Bitcoin is currently trading at $107,692.30 (+0.16%), showing signs of stabilization near its 24h low ($107,142). Price is sitting just above the MA(7) but still below the MA(25) and MA(99), indicating short-term consolidation after a recent drop.

Key Observations:

Support: $107,000 – $107,200 zone is acting as a short-term base.

Resistance Levels:

• Minor: $108,300 – $108,750

• Major: $109,400+ (24h high and MA(99))

Volume: 24h volume strong at $18.21B, suggesting high market activity but uncertain direction.

Trade Setup (Scalp Long Idea):

• Entry: $107,500 – $107,700

• TP1: $108,300

• TP2: $108,800

• TP3: $109,400

• Stop-loss: Below $106,900

• Bias: Neutral to slightly bullish — needs confirmation breakout above MA(25) for full trend recovery.