$btcdom

#BTCDOM

🚨quick analysis for 'BTCDOMUSDT' futures 🚨

⌛15 MIN Timeframe⌛

📈 Trend Direction (Futures): Bearish with potential for a slight bounce.

💰 Entry Price: 5065.00 - 5075.00

🎯 Targets:

🌟 5080.00

🌟 5085.00

🌟 5090.00

🛑 Stop Loss🫸 : 5040.00

📢 LEVERAGE X5-X10 🔥

🔧 Analysis Equipment:

📌 MA(7, 99, 200): MA(7) below MA(99) and MA(200), indicating downtrend.

📌 MACD: Bearish cross with histogram declining below zero.

📌RSI(14): Around 49.22, showing neutral to slightly oversold conditions.

📌K% (Stochastic): Not visible in the provided image.

📌CCI : 7.46, suggesting a weak upward momentum.

📌Order book : 63.08% sell orders, indicating strong selling pressure.

✨ Fibonacci :

☄️ Currently near a resistance level.

☄️ Possible bounce if it breaks above 5080.

☄️ Further decline if it fails to hold support.

☄️ Key levels around 5050 and 5100.

💧 Liquidity: Moderate liquidity, with significant activity in the order book.

🗞️News Sentiment:

Bitcoin dominance has seen fluctuations; currently, it is around 62.8%, indicating a period where investors might prioritize Bitcoin over altcoins.

📝 NOTE: The 15-minute chart for BTCDOMUSDT suggests a short-term bearish trend, but a quick retest of higher resistance levels is possible.

#Write2Earn #3ala2 $btcdom BTCDOM #BTCDOM/USDT