$BTC /USDT Market Overview & Trade Setup (Not Financial Advice)
Current Price Snapshot
Price: $108,841.45 (+0.36%)
24h Range: $106,800.00 – $109,506.03
Volume: 16,179.44 BTC / $1.75B USDT
Key Levels:
Support: $106,800 (24h Low), $106,117.67 (Recent Swing Low)
Resistance: $109,506.03 (24h High), $110,755.51 (Next Resistance Zone)
Technical Indicators
Moving Averages:
MA(7): $108,905.64 – Neutral
MA(25): $108,402.60 – Support
MA(99): $109,086.67 – Resistance
RSI (6): 52.20 – Neutral (No clear overbought/oversold signal)
Volume: Declining (203.47 BTC vs. 5-day MA: 229.87 BTC) – Caution advised
Trend Breakdown
Short-Term: Sideways consolidation (Range-bound between MA7 and MA25)
Mid-Term: Bullish (7D +5.06%, 30D +16.39%)
Long-Term: Strong Uptrend (1Y +60.07%)
Trade Ideas
Scalping Setup: Range-trade between $106,800 and $109,506. Look for volume confirmation on breakout attempts.
Swing Strategy: Consider buying dips near $106,800 (Stop-loss: ~$105,500). Upside target: $110,755+
Note: Neutral RSI and low volume suggest patience. Avoid chasing price without momentum.
Risk Management Tips
Enable Price Protection (Available on Binance Square)
Use stop-losses 3–5% below entry levels
Stick to your plan – no FOMO trading
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(Not Financial Advice)