🟩 $BTC #BTC

🔍 Technical analysis (1H):

1. Current trend:

• Bearish. EMA(7) and EMA(25) are pointing down, the price is below EMA(99).

2. Supports and resistances:

• Key support: 117.230

• Immediate resistance: 118.681

3. Volume:

• Decreasing. No confirmation of reversal.

4. MACD:

• Marked bearish crossover, bars in negative and no clear signs of reversal yet.

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✅ Conclusion:

• Bearish market with possible exhaustion, but no confirmation of trend change. Avoid long until clear breakout of 118.7 with volume.