$BTC 📊 BTC/USDT Price Action Update – Support, Resistance & Next Move! 🚀
Bitcoin is currently trading at $118,997, holding steady after testing a local high of $123,218. 🧱
Support Zones:
🟢 Strong support at $116,128 (24h low)
📉 EMA(25) at $114,325 offers dynamic support
🛡️ Additional cushion at $113,460
Resistance Levels:
🔼 Immediate resistance at $119,573 (24h high)
🔺 Major hurdle remains at $123,218 – needs strong momentum to break
Indicators Flashing Signals:
EMA(7) > EMA(25) > EMA(99) ➡️ Uptrend intact ✅
MACD is slightly bearish (MACD: -49.87) 🧯
Volume showing healthy interest 📈
🔮 Next Move? BTC is consolidating just below key resistance. A clean breakout above $119.5K could send it retesting $123K+. However, failure to hold current support might see it dip to $114K levels.
🎯 Watch closely — a big move is brewing!