#BTC Technical analysis frame 1D.
1. Main trend:
BTC is in a clear upward trend:
The previous day's candle was a strong green candle, closing near the peak, indicating that buying pressure is still dominant.
The price is above the EMA(7), EMA(25), EMA(99) and maintains a considerable distance – a strong bullish signal.
The nearest peak is 97,424 USDT – if it surpasses this area, BTC will likely test the strong resistance zone around 98,500 – 100,000 USDT.
2. Technical indicators:
RSI(6): 81.27 – overbought area, indicating that BTC is overheating and may have a short-term correction.
MACD:
MACD is strongly positive and above the signal line (DEA), histogram is increasing – confirming that the upward momentum is still present.
Trading volume remains stable, without spikes but supporting the upward trend.
3. Support and resistance:
Near resistance: 97,400 – 98,500 USDT (nearest peak and psychological area 100K).
Near support: 93,500 USDT (EMA7 + accumulation zone before breakout).
Deep support: 90,400 USDT (EMA25) – if this area is lost, it may begin to break the short-term upward trend.
4. Scenarios:
If BTC surpasses 97,400 and maintains above this area, it may continue to expand the target toward the 98,500 – 100,000 USDT range.
If BTC is rejected at the peak area, there may be a pullback to the 93,500 – 90,400 USDT area before bouncing back.