$BTC ### BTC Analysis

#### Current Summary

- **Current Price:** $107,173.52 (+1.53%)

- **24h High:** $108,952.38

- **24h Low:** $104,980.37

#### Trading Strategy

- **Entry:** $106,800 - $107,000 (EMA 25/50 Resistance)

- **Stop Loss:** $107,300 (Above EMA 25)

- **Take Profit:**

- TP1: $106,000

- TP2: $105,500

- **Risk:** 1-2% | **RR:** 1:3

- **Invalidation:** Close above $107,300

#### Confluences

- Stacked EMA Resistance (7, 25, 50)

- RSI(6) & STOCHRSI Oversold (Weak Bullish Momentum)

- Bearish Divergence MACD

- Low Volume Pullback

#### Concerning Signals

- **Low Volume:** 17.95 vs 200-239 MA, indicates weak participation in the current movement.

- **Bearish MACD:** -204.48, suggests weakening momentum despite price increase.

- **Resistances:** Price is below key levels in the order book ($108,952 to $107,391).

#### Potential Support

- **Immediate Support:** Around $106,977, last level in the order book.

### Recommendations

- **Wait for Confirmation:** Before entering new positions.

- **Shorts:** Look for opportunities if the price does not surpass $108,218.

- **Longs:** Current signals do not suggest a strong buying opportunity.

### Action Plan

1. **If considering buying:**

- Wait for volume to exceed MA(10) with positive MACD.

- Pullback to test support at $106,977.

2. **If considering selling:**

- Watch for rejection at current levels or lower highs.

- Consider taking partial profits near $108,218-108,952.

3. **Risk Management:**

- **Long:** Stop-loss below $106,977.

- **Short:** Stop-loss above $108,218.

### Conclusion

Price action and indicators suggest caution. It is crucial to wait for confirmations before making significant moves.