Current Technical Analysis:

Current Price: 108,808.09 USDT, up +2.48%.

Highest Price in 24 Hours: 108,818.38

Lowest Price in 24 Hours: 105,318.37

Previous Notable Peak: 111,980.00 USDT

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📊 Technical Indicators:

1. Bollinger Bands:

The price is approaching the upper Bollinger Band at 111,439.15, indicating a potential nearby resistance.

The band range is relatively wide, suggesting strong volatility.

2. RSI (14): 60.97

In the positive neutral zone, approaching the overbought area (70).

Indicates upward momentum but cautious of a potential reversal if the sharp rise continues.

3. Williams %R: -18.46

Also close to the overbought area (below -20), which may indicate that the price could face resistance or a temporary correction.

4. Moving Averages MA(5) and MA(10):

Positive crossover as MA(5) = 13,775 is above MA(10) = 13,062, reinforcing short-term upward momentum.

5. Key Support and Resistance Levels:

Support: 105,318 – 103,000 – 100,133 – 93,745

Strong upcoming resistance: 111,980 (previous peak), then approximately 112,910 (upper Bollinger).