🔥 $BTC Price Action & Analysis Update! 🚀
The action is HOT right now on BTC/USDT!
After testing resistance near 126,199.63 (peak around Sept 29th) and a strong pullback, we've found support and are pushing higher again!
Currently sitting at 106,255.67.
🔑 Key Indicators:
* SAR (0.02, 0.2): Price has broken above the Parabolic SAR dots, indicating a potential short-term reversal and an upward trend might be forming. 🟢
* RSI (6): At 53.59—plenty of room to run before hitting overbought! 💪
* MACD: While the MACD line (DIF: -2,358.26) is below the Signal line (DEA: -2,171.34), the gap is closing fast! Watch for a bullish crossover for confirmation! 📈
📈 Levels to Watch:
* Current Price: 106,255.67
* Recent Low Support: 98,944.36 (holding strong!)
* Next Resistance Test: Look towards 115,000 to 121,000 range.
Get ready! Is this the start of the next leg up?
* NFA. DYOR. 🧐
#Bitcoin #BTC #Crypto #Binance #Trading
