$BTC is not a good time for a long position right now. It is extremely overbought (RSI 93), the volume is low, and there is very strong resistance at 95,150 USDT. Entering a long here would be betting against the odds unless a breakout with real volume is seen.
Short Probability:
High probability (70%) of a slight to moderate correction towards the supports if the price does not break 95,150 strongly.
The indicators favor short due to overbought conditions, although caution is needed for potential traps.
Support Strength (94,400–94,600 USDT):
It is solid: it has backing from the order book, EMA(20), and was a previous reaction zone.
As long as it stays above 94,400, the pullback can be contained.
If it loses 94,400 with volume, the next serious support is near 94,000–93,800.
Direct Conclusion:
It is not a time for long. Short has a good probability, but it should be done close to resistances (95k–95,150) and with a well-adjusted stop. The support at 94,400 is strong, but if it breaks, it may accelerate the drop.
