- Price is near 118,206, showing a recent downtrend starting from 122,045.

- EMA(5) (green) below EMA(10) (blue) signals bearish momentum.

- RSI values (around 38-41) are below 50, indicating weak buying pressure.

- StochRSI is high (~69), close to overbought, suggesting possible short-term pullback.

- MACD histogram shows decreasing negative momentum, hinting potential reversal soon.

Advice:

- Likely short-term down or sideways movement persists.

- Consider a cautious buy if price holds above 117,180 support.

- TP (Take Profit) around 119,000 - 120,000 zone if rebound occurs.

- SL (Stop Loss) just below 117,000 to limit risk.

It’s a mixed but slightly bearish scenario; watch for confirmation before big moves.

$BTC

Lets do trade as per the above mentioned trade plan by clicking the chart, I do hope you will be successful.

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