BTCUSDT.P — 1D quick read

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BTCUSDT.P — 1D quick readBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PMyTradingJournal6thTrend/Structure: Steady up-swing from early-Sep low inside a rising channel; price stalling at prior supply 117k–118k. Confluence at resistance: Channel top + red supply band + cloud edge around 117.5k–118k. Supports: 115.0k (intraday base), 112.5k–113.5k (MA cluster), 108k–106k (200-D + “Support-1”), then ~101k. Momentum: RSI ~62 (bullish, not overbought). MACD near flat/positive; volume moderate. Bias: Neutral-to-bullish while above 115k; market is accumulating beneath resistance. Levels to act on (confirmation-based): Breakout: Daily close >118k → room to 120k, then 124–126k (ATH zone). Failure: Daily close