#DayTradingStrategy
*BTC/USDT Analysis*
*Current Market Conditions:*
- Price: $108,670
- 24-hour range: $107,903 - $109,684
*Technical Analysis:*
- Price is above key moving averages (MA7: $108,269, MA25: $106,276, MA99), confirming bullish momentum.
- MACD shows a positive crossover, a bullish signal.
- RSI at 57.6 indicates a neutral to slightly bullish zone, with room for upward movement.
*Long Opportunity:*
- Entry: $108,200 - $108,600
- Targets: $109,680 and $111,280 (breakout)
- Stop loss: daily close below $107,300
*Short Setup:*
- Consider shorting if the price drops below $107,300, invalidating the bullish structure.
*Summary:*
BTC's daily chart shows a bullish setup, with strong moving averages, MACD supporting upward momentum, and RSI indicating potential for upside.