$BTC
*BTC/USDT: Key Support Levels & Volume Analysis**
*📉 Current Price Action:**
- **Last Price:** **$117,267** (-0.41%)
- **24H Range:** **$116,611 – $118,176** (Testing lower bounds)
- **Volume (USDT):** **$11.17B** (Moderate liquidity)
*🔍 Critical Support Levels:**
1️⃣ **Immediate Support: 116,700**
- **Why?** Today’s low + psychological level.
- **Break Risk:** If lost, expect a drop to **115,500**.
2️⃣ **Next Major Support: 115,500**
- **Why?** Previous swing low + institutional buy zone.
- **If Broken:** Could trigger a deeper correction toward **113,000**.
**📊 Volume & Trend Confirmation:**
- **Current Volume:** **14,175 BTC** (Below MA5 & MA10 = weakening momentum).
- **Bearish Signs:**
- Price below **4H EMA(20) (~117,800)**.
- Lower highs forming since **118,176**.
**⚡ Trading Strategy:**
- **If 116,700 Holds:**
- Watch for a bounce toward **117,800-118,000** (EMA resistance).
- *Longs only if BTC reclaims 118,000 with volume.*
- **If 116,700 Breaks:**
- Target **115,500** (Next support).
- *Shorts favored below 116,600 (stop above 117,200).*
🎯 Key Takeaway:**
**BTC is at a decision point:**
- **Hold 116,700 = Bullish retest.**
- **Lose 116,700 = Bearish continuation.**
**Watch volume spikes for confirmation!**
