$BTC showing signs of strength after breaking above $107,000 resistance
š Now at $107,257.51 ā up +1.44% daily, momentum building for next leg
š„ 24h Vol: 12,806.64 BTC | Eyes on reclaiming $108,370
Technical Analysis:
Clean breakout above $107,000 with strong 4H green candle and volume
Higher lows pattern confirmed off $100,372.26
RSI likely showing bullish momentum (not shown, but price action suggests)
Key resistance now support at $107,000
Next major target at $108,370
Targets:
šÆ Short-term: $108,370 (+1.03% upside)
šÆ Medium-term: $110,000 (+2.55% upside)
šÆ Stop-loss: Below $106,000 (-1.17%)
Risk Assessment:
Strong momentum but watch for profit-taking near $108,000-$108,400
Need sustained volume above $107,000 to confirm breakout
Market structure remains bullish above $106,000
DYOR (Do Your Own Research)
Ready for the next pump? DYOR