#BTC☀

Perfect 🌹 Let me explain the picture simply:

📊 Chart Analysis (BTC/USDT):

Current price: 116,293 USDT.

In the last 24 hours:

Highest price: 117,995

Lowest price: 114,640

Indicators:

EMA (Exponential Moving Averages):

EMA7 = 117,643 (Higher than the current price → Short-term selling pressure).

EMA25 = 117,101 (Very close to the price → Sensitive area).

EMA99 = 110,474 (Price is still much higher → Overall trend is upward in the medium term).

MACD: You have a negative value (-225) → Signal of weakening upward momentum and the beginning of a downward trend.

RSI (6): At approximately 39 → Close to the oversold area, meaning it might find support nearby.

📉 Support and Resistance Levels:

Important support: 114,600 – 112,900 (If it breaks this, it might drop to 111,900 or even 108,800).

Nearby resistance: 117,000 – 118,000 (It needs to break through and stay above it to go back up).

Very strong resistance: 124,000 (The last peak recorded).

⚖️ Summary:

Currently, the price is in a short-term downward correction.

If it maintains support at 114k – 112k, it might bounce back.

But if it breaks below → Higher chance of a drop.

Current signals (MACD & RSI) lean towards a downward trend with a chance of a short-term bounce.

🔑 Trading Tips (not a binding financial recommendation):

Safe buying should be at support areas (near 113k – 111k).

Selling or taking profits is suitable if the price bounces back to 118k – 120k.

Capital management is the most important thing because the market is volatile.

Would you like me to create two expected scenarios (upward/downward) with approximate entry and exit points?