BTC/USDT – Daily Setup

📉 Price: $105,649.98 | 24h change: -0.41%

BTC is currently consolidating around the $105K area after a local top at $111,980. The recent dip found support near EMA(25) (~$104.7K), showing buyers are still defending short-term trends.

🔍 Technical Highlights:

• EMA(7) (~105.79K) and EMA(25) are converging, suggesting price equilibrium in the short term.

• MACD is still in the red with a bearish crossover, but histogram is showing signs of fading momentum.

• Volume is thinning out, suggesting market is waiting for a directional breakout.

📈 Long Setup Idea:

• Entry: ~$105.5K–$106K (on EMA reclaim)

• TP: $108.5K / $111.5K

• SL: below $104.5K

➡️ Bias: Long if price reclaims EMA(7) with volume

📉 Short Setup Idea:

• Entry: ~$104.5K–$105K (on EMA(25) breakdown)

• TP: $101K / $97.5K

• SL: above $106.5K

➡️ Bias: Short if BTC loses support and MACD accelerates downward

📌 Watch for a clean break above $106.8K or below $104.8K to confirm direction.

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