BTC/USDT is currently trading at $107,474.31, marking a modest gain of +0.49% as bulls attempt to reclaim short-term momentum. Price action is supported by a bullish alignment of key moving averages on the 1-hour timeframe, with the MA-7 ($107,312.34) leading slightly above the MA-25 ($107,292.15) and both resting just over the MA-99 ($107,171.00). This convergence near price indicates a strong support cluster, making the $107,100–107,300 zone a pivotal area to watch. The RSI(6) sits at 62.22, suggesting growing bullish momentum but not yet in overbought territory, leaving room for potential upside continuation. Volume remains subdued compared to earlier in the session, with the 5- and 10-period volume MAs at 90.3K and 120.4K respectively, indicating cautious buyer participation. Price is approaching the intraday high at $107,577.75, with minor resistance around $107,709.22; a breakout above this range could open the path to $108K and beyond. However, failure to maintain above $107,200 may trigger a pullback to test $106,800 or even the recent swing low at $106,356.76. Overall, BTC is stabilizing with a mild bullish bias, but sustained breakout requires stronger volume confirmation.
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