๐Ÿšจ BTC Market Update ๐Ÿšจ

BTC is currently trading at $116,632, showing a slight pullback after hitting todayโ€™s high of $117,630.

๐Ÿ“‰ On the 15m chart, we can see a downtrend forming as the price slipped from the peak and is now hovering near the 116,600 support zone.

๐Ÿ“Š Technical signals:

MA(7) is crossing below MA(25), indicating short-term bearish momentum.

MACD remains in the negative zone, suggesting selling pressure.

RSI(6) at 29 shows BTC is nearing oversold territory โ€” a bounce could be possible if buyers step in.

๐Ÿ” If 116,600 support breaks, we might see further downside toward 116,100โ€“115,700. However, holding above this zone could trigger a short-term rebound.

โšก Stay alert โ€” the next few candles could set the tone for BTCโ€™s next move!

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