📊 Technical Analysis $BTC /USDT (Time Frame: 4H)

🔹 Current Price: 118,033 USDT

🔹 Nearest Support: 116,800

🔹 Nearest Resistance: 119,500

🧠 Expected Scenario:

If the price holds above the level of 117,500, we may see an attempt to break through 119,500, with a target of 121,000 as the next phase.

However, if the support at 116,800 is broken, we may witness a correction to levels of 114,200 – 111,500, which represent the crossover of moving averages MA(7) and MA(25).

📌 Moving averages indicate a strong upward trend:

MA(7) = 115,854

MA(25) = 111,129

MA(99) = 108,655

📌 Trading volume is currently high, indicating strong buying momentum, but caution is required at the peaks.

🔔 Note: The price is in a high zone and may experience a temporary correction before any further rise.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own analysis before making any decisions.