$BTC 🔍🧠 What the chart says:
Price is below all moving averages (MA): bearish trend.
RSI is approaching oversold territory: a possible local bounce.
Candles with long tails down: buyers have already tried to counterattack, but so far without success.
Resistance: $108,270–108,300
Support: $107,850–107,650
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🔮 Forecast for today:
📍 Base scenario:
Probable continuation of sideways movement or another test of the $107,850 zone. If broken, the next support is near $107,500.
📍 Alternative scenario:
If RSI falls below 30 and there is a spike in volumes — a quick bounce to $108,300–108,500 is possible.
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🛠 What a trader should do:
✅ Watch the volumes and RSI — a possible entry point for a long position on the bounce.
⛔ Don't enter a short late — the risk of a pullback is high.