$BTC
General Direction: Strong and Continuous Upward Trend
Technical Indicators:
EMA(7) > EMA(25) > EMA(99): Confirmation of an Uptrend.
RSI (6): 88.31: In Overbought Region (Possible Correction).
MACD: There is a large gap between the lines, supporting the continuation of the upward momentum but with a potential for a near-term pullback.
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📈 Potential Opportunity:
✅ Scenario 1 (Short-term Trading - Entering After Correction):
Potential Entry: If the price returns to the support area near 106,800 - 107,000 USDT (close to EMA25).
Stop Loss: Below 106,000 USDT
First Target: 109,500 USDT
Second Target (If Resistance is Broken): 111,000 USDT