The image shows a technical analysis of the BTC/USDT pair on the Binance platform, in a short time frame (one second), indicating the following:

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✅ Quick technical summary:

Current price: 118,187.14 USDT

Price change: -0.55% over 24 hours

Highest price in 24 hours: 120,063.84

Lowest price in 24 hours: 117,683.53

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📉 Moving Averages (EMA):

EMA 50: 118,255.05

EMA 150: 118,398.09

EMA 200: 118,415.18

🔻 The current price is below all three averages, indicating a short-term downtrend.

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🕯️ Candle Movement:

There is an attempt to rebound from the low of 118,121.31, with consecutive green candles showing momentary buying strength.

However, the price is still below the averages, meaning this rise is still a correction within a downtrend so far.

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📊 Volume and Liquidity:

High trading volume: 2.01B USDT over 24 hours.

Liquidity is available, supporting the likelihood of strong price movement.

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🔔 Technical conclusion:

Overall trend: Downtrend in the immediate frame.

Opportunities: If the rebound continues and the price breaks above the EMA50 (118,255), it could be a signal for the start of a momentary rise.

Support: 118,120

Resistance: 118,255 – 118,400 (EMA150 and EMA200)