🚀 BTC/USDT Update: Is This the Dip to Watch? 📉💥 🚀Hey Binance Square fam! Let’s dive into the latest BTC/USDT action on the 4H chart! 🕒🔍 Current Price: $93,262.15 (-1.77%)
📊 24H High/Low: $95,369.00 / $93,262.14
💸 24H Vol: 11,228.13 BTC (~1.06B USDT)🔴 What’s Happening?
Bitcoin just took a hit, dropping to $93,262.14 after failing to hold above the $95K resistance. The EMAs are showing mixed signals:EMA(20): $93,965.76 (slight bearish pressure)EMA(15): $93,909.40 (short-term support)EMA(50): $94,047.52 (longer-term resistance)📉 Key Levels to Watch:Support: $92,960.26 – if this breaks, we might see more downside!Resistance: $95,298.32 – bulls need to reclaim this to push higher.⚠️ Indicators:RSI: 26,216 (oversold territory – potential bounce incoming?)MACD: Bearish momentum, but could we see a reversal soon?💡 My Take: This dip might be a golden opportunity for buyers if we see a bounce off the $92,960 support! But if bears take control, the next stop could be $90K.
