$BTC
Technical Analysis Snapshot – BTC/USDT (1H Timeframe)
Current Price: $109,781
24H Range: $107,516 – $110,422
Volume: 17.4K BTC | 1.90B USDT
BTC is currently trading near the upper Bollinger Band (UP: $110,079), suggesting possible short-term resistance. RSI (6) is at 65.45 – close to the overbought zone. Stoch RSI (87.79) and MASTOCH RSI (91.50) further support the idea of a cooldown or minor pullback.
Observation:
Price action is consolidating after a bounce from the lower band and a recovery from $107,350. A break above $110,422 could trigger bullish momentum, while failure to hold $109,200 may retest the middle band.
What’s your move – Buy the breakout or short the resistance?
