BTC is currently trading at 107,370 with a short-term bearish reversal after a spike.
➡️ Price has dropped below the EMA line, indicating selling pressure.
➡️ Price has also crossed STOCHASTIC downward, entering oversold territory but not yet reversing upward.
➡️ Recent selling volume is strong, suggesting momentum in sellers favour.
✅ Ideal for a short-sell or wait for a clearer rebounce before re-entering.
❌ Don't buy yet, wait for a STOCHASTIC to cross up from oversold and candles to above the EMA with support confirmation.