🧠 Deeper Technical Breakdown – BTC/USDT 1D

Current Price: $108,670

24h Range: High $109,684 | Low $107,903

🧩 Market Structure Insight

Higher Lows & Higher Highs on the daily timeframe show BTC is in a clear uptrend.

The daily candles are forming bullish wicks near support, suggesting demand on dips.

Volume is steady, indicating healthy buying interest but not overheated.

🧪 Indicators Expanded

✅ Moving Averages

MA7 ($108,269): Price is holding right above this short-term dynamic support — a bullish signal for momentum traders.

MA25 ($106,276): Acts as strong mid-term support; price is well above it.

MA99: Long-term trend also supports the bull case, showing macro support far below.

📈 MACD

Recent bullish crossover with the MACD line above the signal line confirms increasing upward pressure.

Histogram bars are growing, which indicates momentum is still building.

📊 RSI (57.6)

Still in a safe zone — not overbought (>70) and not oversold (<30).

Leaves room for growth without immediate reversal pressure.

🎯 Trade Setup – Refined View

🟢 Long Opportunity Zone:

$108,200 – $108,600 — perfect demand zone and entry buffer.

🎯 Target Levels

Target 1: $109,680 — aligns with recent resistance

Target 2: $111,280 — if we break above $109.6K with volume, we can ride momentum into this higher range.

🛑 Stop-Loss:

$107,300 (daily close basis) — breaks key structure and moving average support.

📈 Potential Scenarios

📍Scenario A: Breakout

A clean breakout above $109,680 with strong volume confirms continuation to $111K+.

MACD and RSI will support this if RSI moves toward 65–68 and MACD maintains spread.

📍Scenario B: Pullback

If price retests $107.9K–$108.2K but holds firm, expect consolidation before another push.

A wick down to $107.3K might get bought quickly.

📍Scenario C: Reversal

Only if BTC closes below $107,300 and loses the MA25 (~$106,276), would short-term trend weaken.

🧭 Summary & Strategy

✅ Bias: Bullish

🔑 Why?

Price above key MAs

MACD shows momentum

RSI

#DayTradingStrategy