1️⃣ Price Trend: $BTC

Current price: 117,890 USDT, up +0.04% from the opening.

24h range: 116,788 USDT (low) to 118,456 USDT (high).

The 1-day chart shows a clear uptrend from the previous low of 74,457 USDT — price action is still bullish.

2️⃣ Moving Averages (MA):

MA(7): 118,592 USDT (7-day)

MA(25): 112,094 USDT (25-day)

MA(99): 103,403 USDT (99-day)

Currently:

The price is above MA(7), MA(25), and MA(99) → this indicates a bullish trend.

Short-term MAs (7 & 25) are above the long-term MA(99) → confirming bullish momentum.

3️⃣ RSI (14):

RSI is 65.5 → below the overbought level of 70 → shows buying pressure is still healthy but approaching overbought → watch for possible short-term pullback.

4️⃣ Volume (VOL):

24h BTC Volume: 83,116 BTC

24h USDT Volume: 9.78B USDT

→ Strong liquidity and healthy market interest.

5️⃣ Support & Resistance:

Immediate resistance: ~118,456 USDT (24h high)

Immediate support: ~116,788 USDT (24h low) and ~104,251 USDT (near MA(99))

🎯 Quick Outlook:

✅ Overall trend: Bullish

⚠️ Watch out: RSI is near overbought → price may retest support levels for a healthy correction.

🔑 Staying above MA(7) and MA(25) keeps the uptrend valid.

📌 Suggested Strategy:

If already in a LONG: You may hold the position and trail stop-loss near MA(7).

If waiting to enter: Consider buying the dip near support or MA(25).

Stop-loss idea: If price drops below MA(25) with strong volume, consider exiting or tightening risk.