$BTC 🔎

🔎 BTC/USDT Technical Analysis – Market Update (July 21)

📊 Current Price: 117,780.01 USDT

📉 24h Change: -0.48%

📈 24h High: 119,676.73 USDT

📉 24h Low: 116,467.02 USDT

📌 24h Volume: 18,061.69 BTC

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🔥 Technical Overview:

📍 Major Resistance: 123,218 USDT

📉 Key Support: 112,960 USDT (MA25)

🎯 Short-term Target Price: 119,500 – 121,000 USDT

📊 Moving Averages:

MA(7): 118,052 USDT (immediate resistance)

MA(25): 112,960 USDT (dynamic support)

MA(99): 104,113 USDT (long-term support)

💪 RSI(6): 59.05 → Neutral zone, bullish potential if it crosses 60

🟢 Current Trend:

The market is slightly consolidating after a strong rally to 123,218 USDT. A breakout above 118,500 USDT could signal a move back to 120,000+. If the decline continues, 113,000 USDT may act as a rebound zone.