$BTC #BTC #USDT
🔍 Technical analysis (1H):
1. Current trend:
• Moderate bearish. After falling from $120,800, the price seeks to stabilize.
• Currently trying to recover, but failing to break the EMA25.
• No confirmation of trend change yet.
2. Supports and resistances:
• Immediate resistance: $118,400 (area where the price has been rejected several times).
• Key resistance: $119,200 – $120,000.
• Immediate support: $117,400.
• Important support: $116,800 (recent lows).
3. Volume:
• Low. Indicates widespread indecision in the market.
• Possible pause before strong movement.
4. MACD:
• Slight recent positive crossover, but without real strength.
• The lines remain very close, reflecting little energy in the trend.
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✅ Conclusion:
• Market in a waiting phase. Still no breakout or confirmation of reversal.
• Any entry must be supported by increasing volume.
