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BTCrebounce99

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LEGENDTAK
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Bearish
#BTCrebounce99 Technical Indicators 1. MACD (Moving Average Convergence Divergence) DIF (MACD Line): 3.82 DEA (Signal Line): 15.46 MACD Histogram: -11.64 Interpretation: Bearish crossover — MACD line is below the signal line and the histogram is negative, indicating downward momentum. --- 2. RSI (Relative Strength Index) RSI(6): 39.65 Interpretation: RSI is below 50 but above 30, suggesting mild bearish pressure — not oversold yet, but leaning toward a selling sentiment. --- 3. Candlestick Pattern (Recent) Recent candles show: Rejection near the $103,709.86 level. Formation of a lower high and lower low. Support tested around $102,612.50. Interpretation: Price may consolidate between $102,600 and $103,700 before a breakout/breakdown. Trend is currently weakly bearish.
#BTCrebounce99
Technical Indicators

1. MACD (Moving Average Convergence Divergence)

DIF (MACD Line): 3.82

DEA (Signal Line): 15.46

MACD Histogram: -11.64

Interpretation:
Bearish crossover — MACD line is below the signal line and the histogram is negative, indicating downward momentum.

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2. RSI (Relative Strength Index)

RSI(6): 39.65

Interpretation:
RSI is below 50 but above 30, suggesting mild bearish pressure — not oversold yet, but leaning toward a selling sentiment.

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3. Candlestick Pattern (Recent)

Recent candles show:

Rejection near the $103,709.86 level.

Formation of a lower high and lower low.

Support tested around $102,612.50.

Interpretation:
Price may consolidate between $102,600 and $103,700 before a breakout/breakdown. Trend is currently weakly bearish.
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