BTC/USDT#Write2Earn #BTC #BTCanalysis $BTC

📊 Price Overview

• Current Price: 107,039.9 USDT

• 24h High: 108,430.0 USDT

• 24h Low: 106,686.4 USDT

• 24h Change: ▼ -1.28%

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📉 Chart Analysis (Daily Timeframe)

• Resistance Zones:

• 108,560 USDT (tested recently, rejected)

• 110,700 USDT

• 111,329 USDT (top of visible range)

• Support Zones:

• 105,792 USDT (immediate support)

• 103,023 USDT

• Strong swing low at 98,115.4 USDT

• Trend:

• Price has recovered significantly from the June 24 low (98,115.4).

• Currently experiencing a pullback after hitting resistance near 108,560.

• Candles show lower wick activity near support—buyers are defending.

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🔍 Volume & Indicators

• Volume: Dropping slightly, suggesting weakening momentum on current pullback.

• Moving Averages (Visible):

• MA(5): 71,654.9 — Seems incorrect relative to price; possibly not set to actual price scale.

• MA(10): 136,722.0 — Also seems off; likely misconfigured in display.

• Recent Volume Spike: Around the bounce from 98K — suggesting accumulation or short covering.

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📈 Performance

• 7 Days: +3.23%

• 30 Days: +2.21%

• 90 Days: +25.64%

• 1 Year: +72.70%

Strong medium- to long-term bullish performance despite short-term volatility.

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🧠 Summary

• Bullish structure overall remains intact, especially above 105.7K.

• If BTC breaks and holds above 108,560, it could retest 110.7K and possibly 111.3K.

• A break below 105.7K may lead to a deeper retest of 103K or even 98K.

• Watch volume closely — a breakout on low volume might fail.