🔍 Technical Analysis (1H) $BTC
1. Current Trend:
• The price dropped from $117,397 to the $115,100 area.
• EMA(7) and EMA(25) maintain a downward slope, showing selling pressure.
2. Supports and Resistances:
• Key Support: $115,000 – $113,800
• Immediate Resistance: $116,400 – $117,300
3. Volume:
• The descending volume accompanies the correction, indicating a lack of buying strength in the current area.
4. MACD:
• Continues in negative territory with a decreasing histogram, confirming bearish momentum.
⸻
✅ Conclusion:
• BTC maintains bearish pressure as long as it does not recover $116,400.
• The $115,000 area will be decisive in determining whether it rebounds or continues towards lower supports.