🔍 Chart Summary (4H Timeframe)

Current Price: 107,306.82 USDT

24h High/Low: 108,174.86 / 106,438.33

RSI (6): 55.21 → Neutral (slightly bullish)

Volume: Decreasing

MA(7): 107,388.23

MA(25): 105,874.48

MA(99): 105,390.25

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📈 Technical Insight

1. Price is hovering slightly under MA(7):

Minor bearish pressure in short term.

2. RSI is neutral at ~55:

Not overbought or oversold; room to move in either direction.

3. Price bounce at 106,438.33:

That’s acting as current support.

4. Immediate resistance: Around 108,272.45 (wick high).

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📌 Trading Strategy

✅ ENTRY POINT (Long Position)

Entry: Around 107,000 – 107,200 USDT

Slightly below the current price, near short-term support.

Look for bounce confirmation or green candle before entering.

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🎯 TAKE PROFIT

TP1: 108,200 USDT (recent high, safe)

TP2: 109,000 USDT (next psychological resistance)

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🛑 STOP LOSS

SL: 106,200 USDT

Below recent low of 106,438.33

Gives some room for market noise

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⚠️ Risk Management

Risk/reward ratio ~ 1:2 (entry at 107,000; SL at 106,200; TP at 108,200)

Avoid over-leverage due to sideways price movement

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🔄 Alternative Strategy (If Breaks Down)

If price breaks below 106,200, short down to 105,400 (MA(25)/MA(99) support area)