#MyCOSTrade
### 1. **Current Price**
- **104,788.61 USDT** with a decrease of **-0.86%**, indicating short-term selling pressures.
### 2. **Trading Volume**
- **24-Hour Volume (BTC):** 14,221.24 BTC
- **24-Hour Volume (USDT):** 1.50 billion USDT
This shows high trading activity, enhancing liquidity and reducing the impact of large trades on the price.
### 3. **Price Range (24 Hours)**
- **High:** 106,000.00 USDT
- **Low:** 104,179.00 USDT
A relatively narrow trading range (**1.72%**), indicating market stability currently with the absence of sharp fluctuations.
### 4. **Other Indicators**
- **"Price Protection"**: May refer to defense mechanisms against volatility, such as stop-loss orders.
- **"Volume POW"**: Perhaps an indicator of volume strength (Volume Power), but unclear without further context.
### Short-Term Outlook:
- **Slight downward trend** (-0.86%) may continue if selling pressure increases.
- **Key Support**: 104,179.00 USDT (Lowest price in 24 hours).
- **Resistance**: 106,000.00 USDT (Highest price in 24 hours).
### Note:
Data is limited to a 24-hour period only. For a more comprehensive analysis, it is advisable to look at longer time frames and additional technical indicators such as moving averages or RSI.
Share your opinion 👇🏻👇🏻