$BTC
BTC /USDT (1D) Chart Update
📊 Current Status:
• Price: $108,670
• 24h High: $109,684
• 24h Low: $107,903
🔹 Moving Averages:
• MA7: $108,269 (price is above)
• MA25: $106,276 (price is above)
• MA99: Below current price
✅ Indicators:
• RSI: 57.6 (balanced, neither overbought nor oversold)
• MACD: Positive cross (bullish signal)
🔥 Trend Summary:
Price is above all major moving averages (MA7, MA25, MA99), MACD has given a bullish crossover, and RSI is moving above neutral. Long setup has higher probability in current conditions.
💡 Trade Plan
📈 Long Entry Zone: $108,200 – $108,600
🥅 Targets:
• TP1: $109,680
• TP2: Breakout $111,280
🛑 Stop Loss: $107,300 (daily closing basis)
🔻 Short Setup:
Short only if daily close falls below $107,300.
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⚡ Final Verdict:
Market structure is bullish. Focus on disciplined entries, risk management, and letting the trend play out.
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