$BTC To determine a strong buying position based on the BTC/USDC chart you provided, here is a breakdown based on candlestick patterns, support/resistance levels, and volume:
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🔍 Key observations:
Support level: 106,620.00 (lowest point on the chart)
Resistance level: 107,886.23 (recent high before the pullback)
Current price: ~107,533.58
Volume spike: Strong buying volume during the recent upward movement from 106,620 → 107,886
Price action: After a strong bullish candle, there is a small red candle indicating a slight profit-taking — often a signal of continuing bullish movement if followed by another green candle.
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✅ Possible strong buying position:
Buying zone:
Ideal entry: Between 107,100 – 107,300
A small pullback zone before a potential move to or above 107,886.23.
Aligns with minor support around 107,113.83 and previous candle lows.
Confirmation to wait for:
A green bullish candle forming above 107,400 with strong volume.
A breakout and close above 107,886.23 could be an entry point on the breakout (buying on momentum).
Stop-loss:
Below 106,620 (strong support)
