$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.