Here is a technical analysis for the daily chart of BTC/USDT, considering the support and resistance lines already drawn:

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🔶 Support and Resistance

• Key resistance at $BTC 111.980 USDT (red line)

• Main support at $BTC 102.989 USDT (green line)

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🔸 Exponential Moving Averages

• EMA20 (105.492): price above → confirms short-term bullish momentum

• EMA40 (102.966) and EMA50 (101.660): act as dynamic support

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🔹 Volume

• Volume up in the last bullish candle confirms buying strength

• Volume peak at the breakout of the intermediate pivot

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🔸 RSI

• RSI(6) at ~72 → slightly overbought in the very short term

• RSI(12) ~64 and RSI(24) ~61 → still in positive zone, but pay attention to possible corrections

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📈 Conclusions and Strategy

1. Trend

• BTC is in a bullish trend on the daily chart, with price above EMA20/40/50 and breaking previous highs and lows.

2. Best entry point (buy)

• Retest of the 105,000–106,000 USDT region (near EMA20): good point to seek confirmation of support, with stop just below EMA20 (~104,500).

• Or wait for a pullback to 102,900–103,000 USDT (static support + EMA40/50), if you want a larger margin of safety.

3. Target (partial or total exit)

• First target: 111,980 USDT (strong resistance).

• Extended target: in case of a clear breakout and volume above average, aim for 115,000–118,000 USDT.

4. Stop Loss

• Below 102,500 USDT (for entries at 105k), or below 101,500 USDT (for entries at 103k), respecting a risk of 1–2%.

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🎯 Summary:

The price is showing buying strength by breaking the pivot and staying above the EMAs. A good strategy is to wait for a retest of the EMA20 or the support at ~103k to enter, aiming for the resistance at ~111.98k as a target. Keep the stop just below the identified support levels to manage risk.