#BTCUSDT Technical Snapshot (1H) 🕒

Bitcoin is currently trying to stabilize after a sharp dip to the $102.6K level. The price is now hovering around $105.6K, attempting to reclaim ground above the 99 MA resistance.

🔍 Key Highlights:

Support held at: $102.614

Resistance zone: $105.7K - $107.5K

MA Cluster (7, 25, 99): Price is consolidating around this zone, suggesting indecision.

RSI (6): 63.3 — showing strength, but near overbought.

MACD: Bullish crossover recently formed — early sign of momentum reversal.

Stoch RSI: 80.7 — approaching overbought, watch for possible pullback.

📊 Volume is gradually picking up. A break above $107.5K could confirm a bullish recovery. However, if $105K fails to hold, we might retest lower supports.

⚠️ Not a financial advice — Always manage your risk!

#Bitcoin #CryptoAnalysis #BTC #BinanceSquare