🔍 Technical Analysis $BTC

1. Current Trend:

• Bearish trend with a phase of lateral consolidation.

2. Support and Resistance:

• Support: 118,300 – 118,050 USDT.

• Resistance: 118,950 – 119,300 USDT.

3. Volume:

• Low volume during consolidation, a sign of indecision.

4. MACD:

• Negative and without clear signals of trend change.

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✅ Conclusion:

• The current lateral movement suggests waiting for a breakout of key levels to define direction.