🔍 Technical Analysis $BTC

1. Current Trend:

• Bullish after a strong rally, now in consolidation.

2. Supports and Resistances:

• Key Support: $116.3K (EMA7)

• Resistance: $116.78K

3. Volume:

• High during the impulse, decreasing in consolidation.

4. MACD:

• Still in positive territory, with loss of strength in the histogram.

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✅ Conclusion:

• Favorable entry if it respects EMA7 with confirmation. Avoid if it loses $115.4K.

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