$BTC 📊 **Current Price & Trend:**
*Current Price:** \$116,507.40
*Trend:** Recent **sharp pullback** after hitting a local high of **\$123,218**
*Price Action:** Now consolidating between **\$115,700** and **\$117,400**
🔍 **Key Fibonacci Levels (Retracement):
These are based on the most recent swing high and low:
*0.618 level** at **\$117,403* Key resistance
* **0.5 level** at **\$117,083** – Resistance zone
* **0.236 level** at **\$116,367** – Support
* **0 level** (swing low) at **\$115,727** – Strong support
* **1.0 level** at **\$118,438** – Strong resistance
* **1.618 extension** at **\$120,114** – Possible upside target if breakout occurs
📉 **Candlestick Behavior:**
* Recent **large red candles** indicate strong selling pressure.
* Current candle showing small-bodied recovery – signs of **potential support or indecision**.
🧵 **Moving Averages:**
* **Short-term EMA** (likely the yellow/green lines) is now flat or slightly down.
* **Price is hugging the 20-EMA zone**, indicating a possible **short-term support** test.
🔮 **RSI & Volume (based on image hints):**
* RSI (if shown) seems to be mid-level, not overbought/oversold.
* Volume has dropped slightly, indicating a pause in selling or **possible accumulation**.
✅ **Bullish Scenario:**
* Reclaiming **\$117,403 (0.618 Fib)** and holding above **\$118,438 (1.0 Fib)** could send BTC to **\$120,114+**
* Needs strong volume and momentum for breakout
❌ **Bearish Scenario:**
*Failure to hold **\$115,727** could trigger a fall toward **\$114,000**
* Bears still in control if BTC gets rejected at the 0.5–0.618 zon
📌 Summary:
*Short-term**: BTC is in a **pullback/consolidation** phase.
* **Watch key zones**: \$117,400 (resistance) and \$115,700 (support).
$BNB $ETH * **Trend bias**: Neutral to bearish unless it reclaims \$118K+ with st
