$BTC
Let's analyze the BTC/USDT chart on the 15-minute timeframe, based on the image you sent.
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📌 GENERAL SUMMARY
Current price: 121,529.99
Maximum (24h): 123,218.00
Minimum (24h): 117,968.24
RSI: 25.34 (oversold)
Volume 15min: Reduced in the last candles
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📈 TECHNICAL ANALYSIS
🔻 1. Short Term Trend: Down
The price is below the MA(7) (121,775.53) and the MA(25) (122,179.09).
The candles are forming lower highs and lower lows, confirming selling pressure in the very short term.
🟣 2. Important Support: MA(99)
The MA(99) is at 119,869.68.
This average is an important dynamic support zone. If the price drops to there, we may see a buying reaction.
📉 3. RSI (Relative Strength Index):
RSI at 25.34, well below 30 → oversold zone.
This does not guarantee a reversal, but indicates that the decline is stretched and a bounce may occur at any moment.
🔇 4. Volume:
The volume is decreasing in the last candles, which shows that:
The strength of the sellers is losing energy.
The market may be waiting for a reaction (sideways movement or bounce).
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🔮 PROJECTION OF THE NEXT MOVE
🛑 Scenario 1 – Continuation of the Decline (more likely if there is no quick reaction)
If a strong reversal candle does not appear, the price may test:
Support at R$ 120,427.73
Or even the MA99 region at R$ 119,869.68
📈 Scenario 2 – Technical Bounce (if RSI reacts + strong green candle)
Possible speculative entry if:
A reversal candle appears (like a hammer or bullish engulfing)
Accompanied by an increase in volume
Target of the bounce: MA7 (121,775) and then MA25 (122,179)
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✅ QUICK CONCLUSION
Current situation Trend RSI Volume Opportunity
Slightly negative Down 25 (oversold) Low Speculative buy only with reversal candle
🎯 WHAT TO DO NOW?
⏳ Wait for a reversal candle + increase in volume → consider short entry
❌ Avoid buying blindly now: it is still falling, with no confirmation of reaction
📉 If it breaks MA99 with strong volume →
