The price is above all MAs, indicating bullish momentum.
MA(7) is about to cross down below the price, which might be a short-term correction signal.
MA(25) and MA(99) are rising, confirming an ongoing uptrend.
Volume: A noticeable spike in volume occurred around the price surge toward $111,880.
Volume has declined after the peak, suggesting potential cooling-off or consolidation.
Support & Resistance: Resistance: Around $111,880 (recent high).
Support: Around $108,000–$106,000 (previous consolidation zone + MA(25)/MA(99)).
Trend Outlook: Short-Term (1H): Still bullish but possibly entering pullback or consolidation. Mid to Long-Term: Remains bullish with strong MA support and price trend.
What to Watch: If price holds above $110,000, bulls may try to retest $112,000+.
If price breaks below $108,800, a pullback toward $106,000 or MA(99) could occur.