#BTC/USDT
Price: $103,520
Timeframe: 4 hours
The price broke support at 104,000 and dropped to 102,345 before slightly rebounding. Technical indicators show clear selling pressure:
Moving Averages MA(7, 25, 99) are trending downwards.
RSI is ranging between 36 and 43, indicating proximity to oversold areas.
MACD is in negative territory with a clear downward crossover.
📉 Technical outlook: Continued trading below 104,000 keeps the possibility of a retest of 102,000 or lower.
📊 To watch: Closing above 104,500 may temporarily weaken the bearish momentum.
