🔍 Technical analysis (1h) $BTC
1. Current trend:
• Lateral movement after a strong decline.
• The price is below the EMA25 and EMA99, showing bearish pressure.
2. Supports and resistances:
• Key support: 108,500 USDT.
• Immediate resistance: 110,800 USDT.
• Major resistance: 112,500 USDT.
3. Volume:
• Decreasing volume in consolidation, without confirmation of a breakout.
4. MACD:
• MACD in negative zone, with a slight upward crossover indicating a technical rebound.
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✅ Conclusion:
BTC remains within a tight range after a strong pullback. The market is waiting for breakout confirmation to define direction.
