$BTC
Based on the provided BTC/USDT chart data, here are the key **support and resistance levels**:
### 🛡️ Support Levels (Price Floors)
1. **MA(7): 106,864.44**
- Immediate dynamic support (closest to current price).
2. **MA(25): 105,872.72**
- Strong support level (25-period moving average).
3. **MA(99): 105,559.47**
- Long-term trend support (99-period MA).
4. **24h Low: 104,494.53**
- Critical daily support (breach could signal bearish momentum).
5. **Swing Low: 104,356.14**
- Absolute near-term floor (strongest support zone).
### 🚀 Resistance Levels (Price Ceilings)
1. **24h High: 107,262.31**
- Immediate resistance (today's peak).
2. **Swing High: 107,400.70**
- Major resistance (recent price rejection zone).
3. **Psychological Level: 108,000.00**
- Round-number resistance (not shown but statistically significant).
### 🔍 Key Observations:
- **Current Price**: $106,883.10 (trading **above MA(7)** but **below 24h high**).
- **Volume**: Declining volume (312.54 BTC) suggests weakening momentum.
- **MA Alignment**:
- MA(7) > MA(25) > MA(99) → **Uptrend intact** but consolidation likely near resistance.
### 📈 Actionable Insight:
- **Break above 107,400.70** could target **$108,000+** (new bullish wave).
- **Failure to hold MA(7) (106,864.44)** may trigger dip to **MA(25) (105,872)**.
Use these levels for stop-loss placements or entry/exit decisions. Always confirm with real-time data! 💡