🚨 BTC/USDT Market Update 🚨

Bitcoin is currently trading around $117,959 after touching a high of $118,575 and a low of $117,172 in the last 24h.

🔎 On the 15m chart:

Price is showing short-term bearish pressure as it dropped near the MA(99) support zone.

MACD is in the negative region (−42.28), signaling weak momentum.

RSI (6) is at 25.98, indicating the market is entering oversold territory, which could hint at a possible short-term bounce.

📊 Key Levels to Watch:

Support: $117,800 – $117,600

Resistance: $118,200 – $118,600

👉 If BTC holds above support, we may see a recovery push. But if it breaks down further, caution is needed for long positions.

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