#BTCPrediction Price: 118,820.01 USDT
Trend: Short-term sideways with mild recovery
24H Range: 117,683 – 120,063 USDT
Volume (OBV): Showing some flattening after a prior decline – indicates indecision or consolidation
📊 Technical Breakdown
Key Moving Averages:
MA(7): 118,536 – slightly sloping upward, suggesting short-term bounce
MA(25): 118,793 – almost flat, showing indecision
MA(99): 118,799 – acting as a dynamic resistance
Support Level:
Strong bounce from 115,736 (recent low)
Resistance Levels:
Immediate: 119,000–120,000
Major: 123,218
Volume Profile:
Volume has dropped compared to the earlier breakout spike
OBV (On-Balance Volume) is stabilizing, not yet indicating strong bullish momentum
#BTCPrediction $BTC #Write2Earn
BTC
117,552.01
-0.77%