🔍 Technical Analysis $BTC / #USDT

1. Current trend:

• Strong bullish momentum; price above EMA(7)=122.618,2, EMA(25)=121.218,4 and EMA(99)=119.522,0, with clear HH/HL.

2. Supports and resistances:

• R: 123.715,9 and 123.994 (psychological zone 124k).

• S: 122.770–122.618 (EMA7), 121.546,9 and 121.218 (EMA25).

3. Volume:

• Breakout accompanied by volume spikes; demand validating the rise.

4. MACD:

• Very positive (hist 237.5) with DIF > DEA; strong momentum in favor of the trend.

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✅ Conclusion:

• Bullish bias as long as it holds 122.6k–122.8k. Surpassing/ensuring closes above 123.7k–124k could enable an extension phase; rejections there may cause controlled pullbacks towards 121.5k–121.2k.

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