📊 BTC/USDT Daily Analysis – $108,195
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Bitcoin is currently trading around $108,195, showing resilience after testing the support zone near $107,800. On the daily chart, price is consolidating above the 7-day EMA ($107,984), which could indicate a short-term bullish continuation — as long as this level holds.
📉 EMA Trends:
EMA(7): $107,984
EMA(25): $106,729
EMA(99): $101,266
The 7 EMA remains above the 25 EMA, confirming short-term momentum. However, rejection near the $110.5K level (recent local high) suggests sellers are active.
📊 RSI (6): 55.96 – Neutral zone, with room to rise or fall, depending on volume and macro sentiment.
🔍 Key Levels:
Resistance: $110,530
Support: $107,800 and $104,800
A breakout above $110.5K could open room toward $112K+, but failure to hold $107.8K might trigger a pullback. Keep your risk management tight!
