📊 BTC/USDT Trading Signal – Technical Analysis Update
💰 Current Price: $106,159.99 (-0.87%)
📈 Key Levels:
🔼 24h High: $107,183.96
🔽 24h Low: $105,100.19
🔍 Observations & Signals:
1. 📉 Moving Averages (MA):
MA(7): $105,810.01 ➡️ Below current price → acting as short-term support.
MA(25): $106,208.56 ➡️ Currently resisting upward momentum.
MA(99): $107,210.80 ➡️ Strong long-term resistance.
💡 Price is hovering near MA(25), signaling a potential breakout or rejection.
2. 📊 MACD Indicator:
DIF: -280.41 | DEA: -359.20 | Histogram: +78.79 ✅ (bullish momentum building)
📈 MACD is above the zero line—indicates potential upward move if sustained.
3. 📦 Volume & Volatility:
24h Volume: $1.17B (🟡 Moderate activity)
🧘 Low volume near support → possible consolidation; watch for breakout with a volume spike!
4. 📌 Support & Resistance Levels:
🟢 Immediate Support: $105,560 (MA7)
🛡️ Strong Support: $105,100 (24h low)
🔺 Resistance: $106,751 (recent high)
🎯 Next Target: $107,183 (24h high)
🎯 Trading Strategy:
🐂 Bullish Scenario:
If price breaks above MA(25) $106,208 with increasing volume, target $107,183.
🐻 Bearish Scenario:
If price drops below MA(7) $105,810, look for a possible retest of $105,100.
✅ Action Tip:
🕒 Wait for confirmation (candle close above/below key levels) before entering trades. Patience is 🔑!