Quick Technical Analysis — BTC/USDT (Daily Chart)

📍Current Price: $111,098.30

📈 24h Change: +2.03%

📊 24h High: $111,999.79

📉 24h Low: $108,503.00

🔍 Technical Indicators:

EMA(7): $109,613.21

EMA(25): $107,678.07

EMA(99): $101,955.50

✅ Strong short-term and above the averages. Uptrend confirmed.

RSI(6): 69.83

⚠️ Almost overbought (>70). A correction or lateral movement may come in the short term.

Volume: Increasing in the last green candles

✅ Confirms buying strength on the recent breakout.

🧭 Important Technical Levels:

Immediate Resistance: $111,999.79 (recent high)

Strong Support: $109,361.95 (previous candle low)

More Solid Support: Region of $106k–$107k (EMA25)

🧠 Strategic Interpretation:

If you’re already in:

A short trailing stop at $109,300 can protect your profits.

You can take partial profits now and let the rest run if it breaks $112k.

If you’re still looking to enter:

It might be risky to enter now, RSI almost at the limit and indecision candle (possible doji).

Waiting for a correction to the $109k–$107k region may be safer.

$BTC