$BTC $BTC

Current Price: $95,140 (BTC/USDT) with an increase of +1.22%.

1. Technical Indicators:

Moving Average (MA):

MA 7 (Yellow) = $94,588

MA 25 (Light Purple) = $94,101

MA 99 (Dark Purple) = $94,058

The price is now above all three moving averages → Strong upward trend currently on the hourly.

MACD Indicator:

The lines are in a positive crossover (the yellow line is above the pink) and the histogram bars are green and increasing → Strong buying momentum continues.

Relative Strength Index (RSI):

RSI(6) = 81.59 (Overbought)

RSI(14) = 66.07 (Approaching overbought)

RSI(24) = 59.91 (Neutral leaning upwards)

The short RSI has entered the overbought area (>>70), which indicates a potential correction is near if more buyers do not enter.

Williams %R Indicator:

Wm%R = -3.46

Very close to 0 → Very high overbought (usually followed by a slight correction or a pause).

Volume:

Noticeable increase in volume for the last two candles → Confirmation of the upward movement, not just a false rise without liquidity.

2. Support and Resistance Areas:

Important Support: 94,367 → If broken, it could drop to 93,801.

Current Resistance: 95,369 (the highest peak reached by the candle).

After that, a stronger resistance around 95,500 approximately.

Currently, the trend is strongly upward, but we have entered overbought areas on many indicators.

A slight rise may continue to test 95,500, after which a slight correction downwards may begin.

Watch levels 95,369 and 95,500.

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