📊 BTC/USDT – 1D Chart Analysis (as of 108,916.60)

Current Price: $108,916

24h High: $109,127

24h Low: $107,800

Resistance Zone: $111,000 – $113,000

Support Zone: $101,000 – $103,000

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🔍 Technical Indicators:

MACD: Still in bearish zone (MACD < signal, both < 0) → trend is weak or consolidating.

MA(5) & MA(10): MA(5) is slightly above MA(10) → early signal of potential short-term bounce.

Volume: Decent — not showing strong buying or selling pressure yet.

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📌 Strategy Suggestion:

✅ Spot Trading (Short-Term Buy Strategy):

Entry Zone: $107,500 – $108,500 (current zone is good if market stabilizes)

Target 1: $110,500

Target 2: $113,000

Stop Loss: Below $106,800

🔁 If Price Breaks $113,000:

That would indicate breakout; next possible target $116,000+

⚠️ If Price Falls Below $106,000:

Might test $101,000 – $103,000 support again.

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🧠 Quick Summary:

BTC is currently retesting mid-resistance levels after bouncing from support near $101K. MACD shows bearish trend still active, but sideways movement hints at possible reversal if volume picks up.