$BTC #Futurosbinance Thank you for the capture. Here is a quick and direct analysis:
Graph Analysis (5 min):
1. Current price: $111,343
2. Recent high: $111,880
3. Recent candles: There is a clear bearish correction after the peak.
4. Volume: Decreasing in the last 3 candles — indicates a loss of bullish strength.
5. MACD and RSI (inferred from context): They are not on screen, but based on the price action, there is likely recent overbuying.
Quick conclusion
This is not an ideal time to enter LONG right now.
It is correcting after a very strong rise. The price may drop to:
$111,000 (psychological level)
$110,500 (visible support zone)
Immediate action recommendation:
Plan A – Wait for a pullback
Wait for it to touch between $110,500 and $111,000
If it rebounds with a good green candle and volume: enter LONG
Stop loss: $110,200
Take profit: $111,800 to $112,000
Plan B – Quick scalping with high risk (not recommended if you are not very agile)
If green volume comes in and it rises again towards $111,500, you can enter LONG
Stop loss adjusted to $111,100
Quick take profit: $111,750+