📊 BTCUSDT Market Snapshot 📊

🚀 Current Price: 108,689.6
📈 24h High: 108,787.9
📉 24h Low: 107,377.1

After a sharp dip to the 107,377 zone, Bitcoin has bounced back with a strong green candle, now hovering near the 108,700 level. Short-term moving averages like MA5 and MA10 have started to curve upward, hinting at potential bullish momentum.

Key Observations:

MACD Histogram has turned green for the first time in several sessions, showing early signs of a possible trend reversal.

RSI(6) at 72.1 suggests Bitcoin is approaching overbought territory in the short-term, so volatility might pick up.

KDJ indicators are bullish, with J value at a strong 110.2 — typically a signal of upward momentum continuing in the near term.

WR(14) bouncing from oversold regions indicates strength in the current recovery move.

📌 What to Watch Next:
If BTC can hold above 108,500 and break past 108,800, we might see a test of the 109,200–109,500 range again. Otherwise, failing to sustain could pull it back toward 108,000–107,800 support.

💡 My Take:
Momentum is building, but the RSI’s position calls for caution — the next hourly close will be crucial to confirm whether bulls can maintain control.
#BTC#