🔍 Technical Analysis $BTC
1. Current Trend:
• Sustained bullish trend with impulse candles and controlled pullbacks.
2. Supports and Resistances:
• Support: 120,600 – 120,800
• Resistance: 122,200 – 122,800
3. Volume:
• Increasing volume on impulses, pullbacks with lower participation.
4. MACD:
• Positive MACD line, widening separation with the signal.
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✅ Conclusion:
• Favorable scenario for longs as long as it maintains support above EMA 25.