#BTC

📈 1D Chart Analysis (as of price 109,687.9 USDT)

Trend: Short-term bullish recovery after a recent pullback.

Key Indicators:

MA(7): 106,719.3 and MA(21): 106,858.4 — Price is above both moving averages → short-term bullish signal.

RSI(14): 61.8 — Momentum is positive but not overbought.

Volume: Modest, slightly declining recently — watch for confirmation on volume.

Recent Price Action:

Resistance at ~111,958.5 (recent high).

Support at ~105,584.1 (recent swing low).

"B" (Buy) and "S" (Sell) markers suggest a recent buy signal occurred before a small rally.

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🟩 Entry Level (Buy)

Entry Zone: 108,500 – 109,500 USDT

(Ideally on a slight dip if retest happens before next leg up)

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⛔ Stop-Loss (SL)

SL Level: Below 105,500 USDT

(Below MA21 and recent support – if broken, trend may reverse)

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🎯 Take-Profit (TP) Levels

TP1: 111,950 USDT (recent swing high – strong resistance)

TP2: 113,800 USDT (next resistance level)

TP3: 115,000–117,000 USDT (if breakout continues, watch price action)

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🧠 Risk Management

Risk:Reward for 109,000 entry, SL at 105,500 (~3.2% risk)

TP1 at 111,950 (~2.7% reward), TP2 (~4.6%), TP3 (~7.3%)

Ideal setup for partial take-profits and trailing SL

$BTC