✅ Technical Analysis – BTC/USD (H4 Chart)

🟢 1. General Trend

The price broke a previous consolidation zone forcefully on July 1.

After the breakout, it is in a lateral correction movement, typical of a pause after a strong rise.

Still above the 100 and 200 period moving averages (black and red), which favors an upward trend in the short/medium term.

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📊 2. Technical Indicators

📉 MACD (12,26,9)

Positive histograms, but falling — a sign that the buying momentum is decreasing.

If the MACD line crosses below the signal line, it may indicate a stronger correction or short-term reversal.

💪 RSI (14)

It is at 55.86 — a neutral zone, but with a slight upward inclination.

There is still room to rise before entering overbought (>70), a positive sign for potential purchases.

📉 Volume

Average volume and without spikes.

There is still no confirmation of selling strength — which favors an early and strategic entry.

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🎯 Key Entry and Target Zones

✅ Strategic Entry (Buy)

Ideal entry point: between 108,400 and 108,800 USD

Region close to recent support and the 100 period average.

🎯 Target (Take Profit)

First target (TP1): 110,400 USD (recent high)

Second target (TP2): 111,700 USD (stronger resistance)

🛑 Stop Loss (SL)

Suggested stop: below 107,700 USD

Loss of the 100 period average invalidates the entry.

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📌 Analysis Summary

Indicator Signal

Trend Up (short term)

MACD Up with loss of strength

RSI Neutral/Up

Volume Average (no selling strength)

Support 108,400

Resistance 110,400 and 111,700

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✅ Final Recommendation

📌 Recommended purchase between 108,400 and 108,800 USD, with stop below 107,700 and targets between 110,400 and 111,700.