For the first time since last night and the drop in BTC price from 106 000$ - there is a sign of buyer strength. Although it is very local.

The price has transitioned into a stable uptrend on the half-hour time frame. With targets of $105,858, $106,407, $106,957.

Also, for the first time since yesterday, there has been a breakout of the EMA 50 on the half-hour time frame.

All of this is still very local signals. But according to horizontal levels, it is evident that above 105 405$ the next important level is only $106,720. So if we consolidate above $105,405 - we may see good bullish movements.

However, for a full return to growth, we need to consolidate above the level of $106,720-$107,096. In order to break through multiple EMA 50 and 200 of this time frame along the way.

A separate EMA 50 that I would like to draw attention to is on the 12-hour time frame. It now remains resistance. The price has approached this resistance closely but cannot break through it. If it cannot break through, then there will be a rebound from the resistance and a move towards new lows. This moving average is currently at the level of $105,630.