$BTC

### Trading Strategy:

1. **Entry for Long**:

- **Conservative**: Wait for pullback to **117,143-115,242** (support zone) with RSI(6) >50 and Stochastic K/D crossing upward.

- **Aggressive**: Break above **118,187.28 (24h High)** with high volume, targeting 121,745.65 (Bollinger Upper Band).

2. **Entry for Short**:

- If price fails to hold 118,187 and drops below **117,143** with RSI(6) <50, consider shorting to 115,242 (Bollinger Lower Band).

3. **Stop-Loss**:

- For longs: Below 115,242.

- For shorts: Above 118,500 (above Middle

Levels:

- **Current Price**: 118,063.34 USD (+0.58%)

- **24h Range**: 117,143.98 (Low) - 118,187.28 (High)

- **Bollinger Bands**:

- Upper (UP): 121,745.65

- Middle (MB): 118,493.86

- Lower (DN): 115,242.07

### Indicators:

1. **RSI(6)**: 55.45 (Neutral, slight bullish bias).

2. **Stochastic Oscillator**:

- K: 60.83 (Rising)

- D: 42.32 (Rising)

- J: 97.87 (Overbought) → Caution for potential pullback.

3. **Williams %R(14)**: -47.81 (Neutral).

4. **OBV**: -8,933.77 (Weak selling pressure).

### Support/Resistance:

- **Immediate Support**: 117,143.98 (24h Low).

- **Strong Support**: 115,242.07 (Bollinger Lower Band).

- **Resistance**:

- 118,187.28 (24h High) → Breakout target.

- 121,745.65 (Bollinger Upper Band) → Next major resistance.

Bollinger Band).

### Confirmation Tools:

- **Volume**: Ensure breakout/breakdown is supported by rising volume (current 24h Vol: 692M USDT is moderate).

- **SAR (Stop-and-Reverse)**: Currently -50 (bearish signal but lagging).

### Timeframe:

- **Preferred**: 1H-4H charts for clearer trend confirmation.

### Note:

- **J-line at 97.87** signals overbought condition; avoid chasing highs.

- **OBV negative** suggests weak buying momentum; monitor for divergence.

**Next Confirmation Target**: 121,745.65 (Bollinger Upper Band). Adjust positions if price approaches this level with weakening indicators.