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#### **General Trend: Sideways trend with bearish pressure**
- Bitcoin price is trading within a narrow range after correcting from 119,000 levels.
- There are signs of weakening bullish momentum, as the price failed to maintain the breakout above 119,000.
- We may witness sideways trading before determining the next direction, with a slight inclination towards correction.
#### **Main Resistance:**
- **119,000 – 119,500**: A strong psychological and technical resistance area, has seen multiple rejections.
- **118,800**: Immediate technical resistance, representing the peak of recent price channels.
#### **Important Support:**
- **113,000**: Current dynamic support, tested multiple times in previous sessions.
- **111,000**: Key support in case of breaking 113,000, related to analytical signals from external sources.
- **109,000**: Final support in case of a deeper correction.
#### **Market Signals:**
- Trading volume has decreased in recent sessions, indicating caution among investors.
- USDT issuance on the TRON network continues to rise, indicating a potential proactive liquidity flow.
- There is an analytical reading indicating the formation of bearish divergence, supporting the possibility of a correction.
#### **Summary:**
- Short-term trend: **Slightly bearish / downward**.
- The current opportunity lies in monitoring **113,000**, if broken strongly, we may see a decline towards 111,000.
- Conversely, recovering 118,800 then 119,000 could restore bullish momentum.
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