$BTC
Current Status
Current Price: 118,140 USDT
Last 24 Hours:
Highest Price: 118,499 USDT
Lowest Price: 116,812 USDT
RSI = 99.24 → Very Strong Overbought Area
MACD = Very Strong Uptrend and High Momentum
Good Trading Volumes Support the Rise.
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🔮 Predicting the Near Price Path (Hours to Days)
🟢 Bullish Scenario (Currently Likely)
The continuation of the current momentum may push the price to test the nearby resistance at:
118,500 USDT (Highest Peak in 24 Hours)
And if this level is broken firmly, the next target will be at:
119,000 - 119,500 USDT
Rationale: Buyers are Strongly in Control + No Strong Resistances in the Near Path.
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🔴 Corrective Scenario (Possible Signal Later)
Since the RSI is at 99, any correction would be very normal:
First Support: 117,900 USDT
Strong Support: 117,600 - 117,500 USDT
If this level is lost, we may see a retest of 117,200 USDT
Possible Reasons for Correction: Profit Taking from Buyers Who Entered at the Start of the Rise.