🔍 Technical Analysis $BTC
1. Current Trend:
• Clearly bearish. Price below EMAs and no intention of change yet.
2. Supports and Resistances:
• Support: 116.200
• Resistance: 117.700 – 118.400
3. Volume:
• Decreasing, but still under seller control.
4. MACD:
• Negative and wide, with ongoing bearish momentum.
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✅ Conclusion:
• Only trade short in favor of the trend if it bounces to dynamic resistance.