#BTC

✅ 🔍 First: General Direction

• The price is above the moving averages (7 days, 25 days, and 99 days) → this gives a positive signal that the trend is still upward.

• The price is close to the highest price in 24 hours (111,999$) → which means the possibility of a retest of the peak.

⸻

📊 🧭 Second: Technical Indicators

• StochRSI at ~88 → in the overbought zone, often after the overbought condition we see a correction or slight decline.

• Candles: There is a strong bullish candle that broke a previous resistance.$BTC