📈 Technical Analysis – BTC/USDT (1h Chart)
Current Price: $87,553.87
24h Variation: +0.82%
Maximum / Minimum (24h): $88,175.98 / $86,209.11
📊 Market Context:
The 1-hour chart of BTC/USDT presents a scenario of technical recovery after a correction. The price has resumed trading above the MM25, showing buying strength in the short term, but is still below the MM99 — which limits a more consistent recovery.
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🔍 Moving Averages:
• MM7: $86,947.95
• MM25: $87,279.02
• MM99: $88,254.82
🔹 Current Situation:
The price is above the MM7 and MM25, indicating a possible beginning of a bullish impulse in the very short term. However, the MM99 continues to act as primary resistance.
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📉 RSI – Relative Strength Index:
• RSI(6): 67.23 (close to the overbought zone)
• RSI(12): 57.56 (neutral-bullish)
• RSI(24): 51.78 (neutral)
💡 The short-term RSI suggests that the asset is gaining strength, but it is beginning to show signs of buyer fatigue (close to 70).
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🔊 Volume:
• Increasing volume in recent hours, confirming the recent buying momentum.
• However, there is not yet an explosion of volume, which prevents a stronger validation of continued upward movement.
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📌 Relevant Technical Levels:
• Immediate support: $86,947 (MM7 and recent low)
• Key resistance: $88,254 (MM99)
• Potential target: $88,800 – $89,200 (previous high and congestion range)
• Short-term support: $86,000 (psychological level and visible orders on the chart)
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✅ Strategic Conclusion:
• Short-term trend: Moderate bullish (technical pullback)
• Immediate resistance zone: $88,200 – $88,800
• Overall bias: Positive with caution — breaking the MM99 could open up space for larger targets.
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🎯 Tactical Plan (short term):
• Aggressive entry: Has already occurred near $86,000 (supported by MM7 and horizontal support).
• Technical entry: Can occur on pullback to $87,000 with stop below $86,000.
