4-hour Bitcoin/USDT trading pair with indicators like Moving Averages (MA), MACD, and Stochastic Oscillator (KDJ). Here's a breakdown:

Key Observations:

1. Price Movement and Moving Averages:

Price is currently trading near the 7 MA (yellow) and 25 MA (pink), suggesting a consolidation phase.

The 99 MA (purple) is below the current price, indicating a longer-term bullish trend.

If the price breaks above the 25 MA, further upward movement could occur.

2. Stochastic Oscillator (KDJ):

The K line (44.20) and J line (29.55) suggest the market is in a neutral-to-oversold zone, possibly priming for a bounce upward.

3. MACD Indicator:

The MACD line (62.68) is above the signal line (DEA: 374.44), with a small histogram, indicating weak momentum. Watch for a crossover or divergence for confirmation.

4. Volume:

Volume seems steady but slightly declining. Breakouts usually require higher volume.

Possible Scenarios:

1. Bullish Breakout:

If the price holds above 96,916.02 and breaches the resistance at 97,624.62, the next target could be around 99,500 or higher.

2. Bearish Pullback:

If the price breaks below 95,658.65, a retest of 94,236.10 (MA99) or lower could occur.

Next Steps:

Monitor for strong volume and price action near key moving averages.#BTC☀