$BTC $BTC 📊 Current Price:

107,628.10 USDT with an increase of +1.82% over 24 hours.

🧭 General Trend:

The price is in a short-term upward wave after a strong rebound from the support level of 100,372.26.

The short-term trend is positive as long as the support at 104,899 is not broken.

📉 Moving Averages (MA):

MA(7) = 106,278 (the price is above it, a short-term positive signal)

MA(25) = 105,616 and MA(99) = 105,818 (both have been broken upward, supporting the continuation of the rise)

✅ The moving averages crossover is currently in favor of buying.

📈 Technical Indicators:

MACD:

The MACD line is above the signal line, with the beginning of a green wave on the histogram. → Bullish signal (Bullish Momentum).

Stoch RSI:

Values at 97.42 / 98.28 = Strong overbought condition. → A temporary correction may follow (potential profit-taking).

Williams %R:

At -4.48, which is in the overbought area. → Also supports the possibility of a short-term correction.

🧩 Support and Resistance Levels:

First Support: 104,899

Second Support: 102,345

Strong Support: 100,372 (breaking this changes the trend to bearish)

First Resistance: 107,784 (very close to the current price)

Strong Resistance: 111,980

📌 Technical Recommendation (not financial advice):

Positive Scenario: Continued rise to test 108,000 then 111,980 as long as it stays above 105,800.

Negative Scenario: Breaking 104,899 = potential selling pressure towards 102,345.

✅ Speculative buying opportunity but with caution, due to indicator overbought conditions.