1. Current Trend:

The price is in a slight recovery after touching a low of $95,700.

Moving averages (MA) for short-term (e.g., MA(7)) and mid-term (e.g., MA(25)) are converging, suggesting a potential shift in momentum.

2. Volume:

The trading volume seems to increase at critical points, indicating active market participation during sharp moves.

3. Key Resistance and Support Levels:

Resistance: Around $102,800 (24-hour high).

Support: Around $95,700 (recent low).

4. Next Move Analysis:

Bullish Scenario: If the price breaks above $97,900 (current bid/ask area) with strong volume, it may aim for $100,000 or higher, testing the $102,800 resistance.

Bearish Scenario: If the price drops below $97,000 and fails to hold, it may revisit $95,700 or lower levels.

5. Indicators to Watch:

Look for a crossover between MA(7) and MA(25) for confirmation of a bullish or bearish trend.

Monitor volume spikes for validation of breakouts or breakdowns.

For a precise strategy, combining technical indicators