$BTC

Current Price & Trend**

- **Current Price:** ~121,965.98 INR (≈ Rs34,533,447.57)

- **24h Range:** 119,730.00 – 124,474.00

- **Short-term Trend:** Bullish (RSI(6) = 57.66, Stochastic RSI bullish crossover)

### **Key Indicators**

1. **Moving Averages (Bullish Alignment):**

- EMA(7): 121,871.22 (above EMA 25 & 99)

- EMA(25): 120,246.40 (support)

- EMA(99): 117,780.70 (strong support)

2. **Momentum Indicators:**

- **RSI(6): 57.66** (neutral-bullish, no overbought signal)

- **Stochastic RSI:** K (65.92) > D (71.12) → Potential short-term pullback before continuation.

- **OBV (On-Balance Volume): 21,978.68** (buying pressure present).

3. **Williams %R (14): -40.02** (neutral, room for upside).

## **Predicted Targets (Upside)**

1. **Immediate Resistance:** **124,474.00** (24h High)

2. **Next Targets:**

- **126,000.00** (psychological resistance)

- **128,500.00** (if bullish momentum sustains)

### **Support Levels (Downside)**

1. **Immediate Support:** **121,871.22 (EMA 7)**

2. **Strong Support Zone:** **120,246.40 (EMA 25)**

3. **Critical Support:** **117,780.70 (EMA 99)**

### **Stop-Loss (SL) Recommendation**

- **Aggressive SL:** Below **120,246.40** (EMA 25)

- **Conservative SL:** Below **117,780.70** (EMA 99)

### **Conclusion**

- **Bullish Scenario:** Break above **124,474.00** could push BTC toward **126,000–128,500**.

- **Bearish Scenario:** If price drops below **120,246.40**, watch for a retest of **117,780.70**.

- **Trade Suggestion:** Long with SL at **120,200**, target **124,500 → 126,000**.

**Note:** Monitor volume (24h Vol BTC: 25,798.31) for confirmation of breakout/breakdown.