🚀 $BTC at the Edge: Hold or Sell? 📈
✅ Strong Uptrend: BTC/USDT surged to $110,194.25, near its 24h high of $110,273.21, showing solid bullish momentum.
✅ RSI Alert: RSI is at 78.70—deep in overbought territory. A correction may follow soon.
✅ Volume Spike: Volume increased, confirming strong buying interest but also signaling potential exhaustion.
✅ Resistance Nearby: Immediate resistance sits around $110,500. A break above could trigger further upside.
✅ Short-Term Outlook: If momentum persists, price could spike toward $112,000. However, profit-taking risk is high.
✅ Strategy: Partial profit booking is wise. Hold remaining positions with a tight stop loss below $109,000 to manage downside risk.