🔍 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
---
📈 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).
---
📌 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.
---
🎯 TAKE PROFIT
TP1: 108,200 USDT (recent high, safe)
TP2: 109,000 USDT (next psychological resistance)
---
🛑 STOP LOSS
SL: 106,200 USDT
Below recent low of 106,438.33
Gives some room for market noise
---
⚠️ 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
---
🔄 Alternative Strategy (If Breaks Down)
If price breaks below 106,200, short down to 105,400 (MA(25)/MA(99) support area)