📉 The price of #BTCUSDT in Binance's perpetual futures is testing critical support zones around 94,800.
🔍 The trend is bearish, with an RSI at 29 that screams oversold and a negative MACD confirming selling pressure.
⚠️ If the support gives way, we could see a drop towards 92,800 or even 89,800.
🚀 But be careful… a bounce in this zone could trigger a technical rally towards 97K.
📌 The market is in a defining zone!
🤔 What do you think, are we going short or long?
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⚠️ WARNING ⚠️
📌 This is a personal and subjective analysis from Crypto Analyst BTC, not investment advice, and under no circumstances should it be taken as a signal to trade.
💡 Remember that the cryptocurrency market is very volatile and unpredictable, so trade with caution and at your own risk.
🔎 Do your own research! (DYOR)