Technical Analysis and Perspectives
The current price is $108,076.11, with a slight increase of 0.02%. The technical indicators show consolidation near the midpoint of the 24-hour range, between $107,864.75 and $108,268.35.
*Key Indicators
- RSI (6): 47.90, neutral, with no strong overbought or oversold conditions
- MACD: Positive histogram (3.51) but DIF (-33.57) and DEA (-37.08) negative, indicating weak bullish momentum
- KDJ: Line K (42.73) below line D (46.36), suggesting short-term bearish pressure
*Support and Resistance Levels
- Immediate Support: $107,614.16, recent low
- Immediate Resistance: $108,525.66, upper range of current consolidation
*Short-Term Outlook
- Bullish Scenario: Break above $108,525.66 with increased volume, targeting $108,981.71
- Bearish Scenario: Drop below $107,614.16, testing $107,158.31
*Advice