Support and Resistance Levels Key support levels are at $107,500, $107,250, and $107,000, while resistance levels are at $108,500, $109,000, and $109,500, with a pivot point at $108,000.
Indicators The RSI is at 40, indicating a neutral trend, while the ADX is at 50, showing a strong trend. The Parabolic SAR is currently at $107,900, suggesting a potential bullish breakout. The 50-day SMA is at $105,500, and the 200-day EMA is at $106,000.
Market Sentiment Given the price is above the pivot point of $108,000 and supported by strong trends, a bullish scenario is predicted.
