BTC/USDT Analysis – A Critical Moment According to the Picture!

Price: 102,932.76

General Trend: Bearish

Near Support: 102,612

Resistance: 103,494

Indicators:

Price below MA(7) and MA(25) = Selling Pressure

MACD and DIF are negative = Bearish Momentum

Trading Volumes are Low = Awaiting or Accumulation

Forecast:

Staying above 102,612 = Potential Rebound

Breaking it = Risk of Drop to 101,900

Advice:

Do not enter randomly

Wait for a breakout of resistance or a clear reversal candle

The decision is now for those who read the chart, not for those who chase the market.

#Technical_Analysis #Bitcoin #BTC #Trading

✍️ : Ghaith