🔥 Current Price: $111,234 (+2.05%)
📊 24H Volume: $510M (Medium liquidity)
🔍 Key Technical Observations
✅ Price Action:
- Testing key resistance at $111,235
- Strong bids clustered at $111,230-$111,233 (Whale support)
✅ Moving Averages:
- MA(8): $501,123 (bullish crossover)
- MA(10): $444,750 (dynamic support)
✅ Order Book Signals:
- 98% ask liquidity at current price → Potential breakout fuel
- Thin sell walls above → Low resistance to upside
💡 Trading Strategy
🎯 Bullish Scenario (Breakout):
1) Wait for close above $111,235
2) Confirm with rising volume
3) Target: $112,000 → $113,500
🛡️ Conservative Approach:
1) Buy dips to $111,000-$111,100
2) Stop-loss: Below $110,800
3) Partial profit at $111,800
⚠️ Critical Warning
- False breakouts common at ATH levels
- Watch for volume divergence (price up but volume down = danger)
📊 Pro Tip:
"Scalpers can ride the $111,230-$111,240 range, but watch order book changes closely!"
📌 Note: Always verify with your own analysis before trading!
