Detailed Technical Analysis:

🔹 1. Price versus Moving Averages:

Current price (106,650) is:

Below MA(7) ➜ Indicates weakness in short-term momentum.

Above MA(25) ➜ Medium-term support has not been broken yet.

Above MA(99) ➜ The overall trend is still bullish in the long term.

🔹 2. Recent Candles:

We are witnessing a clear downward correction after reaching a peak at 111,980 USDT.

The recent candles are red, indicating selling pressure.

🔹 3. MACD Indicator:

DIF: 3,090.61 and DEA: 3,609.34 ➜ Negative crossover.

MACD = -518.73 ➜ Negative momentum is increasing.

✅ Technical sell signal from MACD.

🔹 4. OBV (On Balance Volume) Indicator:

OBV = -87,255.72 ➜ Shows negative flow in volume, indicating that the volume supports the downward trend.

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📉 Support and Resistance Levels:

Near support: 104,864 (MA25) then 101,048

Near resistance: 108,127 (MA7) then 111,980 (previous peak)