๐Ÿ“Š Current Observations:

1. Price: BTC is currently trading at 109,352.20 USDT.

2. Trend: Recent candles show a pullback after a strong bullish move.

3. Resistance: Reached a recent local high of 109,700, indicating short-term resistance.

4. Support Zone: Around 108,700 โ€“ 109,000, where the price bounced earlier.

5. Volume: Declining slightly, signaling potential consolidation or weakening momentum.

6. Indicators:

Bollinger Bands are slightly expanding โ†’ potential for more volatility.

MA(5) and MA(10) are close but upward sloping โ†’ minor bullish bias.

RSI not shown, but visually it seems BTC is not yet overbough