#BTC/USDT chart indicates a short-term bullish trend with the following key observations:
1. **Price Movement**:
- Current price: **$108,983.59**, reflecting a **+1.48% increase**.
- The price is hovering between the 24-hour high (**$110,273.21**) and low (**$107,280.00**), suggesting consolidation near the upper range.
2. **Technical Indicators**:
- **RSI(6) at 58.79**: Neutral to slightly bullish (not yet overbought).
- **MACD**: Positive (**DIFF > DEA**), with a histogram value of **230.76**, signaling upward momentum.
3. **Support/Resistance**:
- Immediate resistance: **$110,273.21** (24h high).
- Support levels: **$107,280.00** (24h low), followed by **$105,564.66** and **$102,908.55**.
4. **Volume**:
- 24h trading volume is substantial (**19,043.07 BTC / $2.08B USDT**), supporting the current price action.
**Short-Term Outlook**:
- **Bullish**: If BTC breaks above **$110,273.21**, it could target higher levels.
- **Caution**: Failure to breach resistance may lead to a pullback toward **$107,280** or lower supports.
Monitor the RSI for overbought conditions and MACD for sustained momentum. Consider volume trends for confirmation.
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