$BTC
🧠 General Situation (4-Hour Frame):
Current Price: 105,294.6 USDT
Highest Price in 24 Hours: 106,775.0
Lowest Price in 24 Hours: 104,822.4
🔍 Technical Indicators:
Moving Averages:
MA 7 (Yellow): 105,618 — current price is below it, indicating weakness in the short term.
MA 25 (Pink): 104,948 — price is above it, good support.
MA 99 (Purple): 107,016 — strong resistance currently.
RSI (Relative Strength Index):
RSI 14 = 49.3 — neutral, no overbought or oversold conditions.
RSI 6 = 48.1 — also close to neutral.
RSI 24 = 48.1 — stable.
MACD:
MACD = 111.3, DEA = -127.7, DIF = -16.4 — there is still some positive momentum, but negative divergence shows weakness in buying pressure.
🔧 Important Areas:
Closest Support: 104,822 then 103,929
Closest Resistance: 106,099 then 107,184
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🔎 Quick Technical Analysis:
The price is currently in a range between MA25 and MA7.
A break above 106,100 may retest 107,000 – 108,200.
A break below 104,800 may bring the price back to 103,000 and possibly 102,000.
Momentum is weak currently, and indicators are in neutral zones, indicating that the market is waiting for an external catalyst or strong news.
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✅ Trading Advice:
Do not enter a trade before a clear break of either side (106,100 or 104,800).
Strategies like "Breakout Trading" or "Range Scalping" can be used depending on your style.