Price: 105913.57 | EMA7: 105491.52 | EMA25: 104935.78 | RSI14: 68.66 | Resistance: 108952.38 | Support: 103371.02 | Average Volume: 561.9 | Volume Trend: Decreasing
Based on the 1h technical analysis of BTCUSDT:
- The price is above EMA7 and EMA25, indicating a bullish trend.
- RSI14 (68.65) suggests the asset is approaching overbought territory.
- MACD is positive, supporting the bullish trend.
Best Long entry: Around 105000, near the support of EMA25.
Best Short entry: Above 108000, near the resistance level.
Best Spot buy: 103500, near the support level, with a stop-loss below 103000.