You look like you've eaten and solved. But wait, I'll be back as soon as Khamenei declares a peaceful agreement.
Mohamedgic
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Check my latest trades: $BTC . Let's see if you can outperform them! The price is currently fluctuating within a narrow range between ~$103,000–$106,000.
The 50-day moving average is above the 200-day (the golden cross), which is considered a bullish technical signal.
A cup-and-handle pattern appears on the daily chart, which may lead to a breakout towards ~$114,000.
However, on the smaller timeframe (4-hour), indicators like RSI and MACD are showing neutral convergence and low trading volume – reflecting technical hesitation.
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🛠️ Important support and resistance levels
Strong support lies at the 100-day moving average (~$105,500) along with the $103,000 level as a technical floor.
Nearby resistance at ~$108,000–$112,000 (the recent high).
Breaking below $103,000–$105,000 could push the price to correct towards ~$97,000–$100,000.
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