💡 Quick Technical Analysis:
✅ Notable rebound! After falling to $108,324, the price rose again recording a daily high of $109,769, showing strong support and clear buying interest at lower levels.
✅ RSI is strong but not overbought! The Relative Strength Index (RSI) is at 67.14, indicating continued bullish momentum without fully entering the overbought territory – there’s still room for more upside!
✅ MACD in the positive zone! Clear positive crossover, with the MACD indicator at 10.85, reinforcing the chance of the upward trend continuing.
✅ Healthy trading volumes! Over 9,500 BTC traded in the last 24 hours, with high liquidity ($1.04 billion USDT), reflecting significant activity in the market.
📊 Expected Scenario:
If the price manages to break the daily resistance at $109,769 and stay above it, then the levels of $110,500 and $112,000 will be the next targets.
In case of a pullback, the areas of $108,800 - $108,300 will form strong support zones from which it could bounce back again.
🔥 Is this the time to take off towards $115,000?!
The market shows signs of optimism, but the current volatility requires caution and intelligence in entering and exiting! The analysis supports the upward trend, are you ready to ride the train? 🚆
📌 Quick Tips:
1. 🛑 Don’t forget to place a stop loss below $108,300 to protect your profits.
2. ⏳ The preference now is for short-term trades while closely monitoring corrections.
📢 What do you expect? Will BTC surpass 110K in the coming hours? Or will there be a drop before the launch? Share your thoughts in the comments! 👇💬