📈$BTC
*🔍 Current Technical Indicators*
- *Relative Strength Index (RSI) = 70.84*
This indicates that the currency is in a state of *Overbought*, meaning that the price may have risen too much in a short period, and we might see a correction soon.
- *MACD = 336.71 (DIF > DEA)*
This means that the upward trend is still intact, but with the RSI reaching high levels, the possibility of a correction exists.
- *Current Price = 111,189.60 USDT*
The highest price was *111,999.79 USDT*, indicating that the price is approaching strong resistance.
*📊 Possible Scenarios*
ScenarioInterpretationSuggested Action📉 Potential CorrectionDue to overbought conditions according to RSIMonitor support at 106,000 – 107,000 USDT🚀 Continuation of UptrendIf the price consistently exceeds the resistance level with high trading volumeEnter upon confirmation of the breakout and target higher levels such as 115,000 or 120,000 USDT*✅ Trading Advice*
- Do not enter the market just by seeing an uptrend — wait for a confirmation signal.
- Use *Stop Loss* to avoid reversals.#BTCBreaksATH #TrumpTariffs #DayTradingStrategy #SECETFApproval #BTCReclaims110K $ETH $XRP