$BTC
Current price: $91,776
The price recently bounced from a low at $88,608.
BTC is currently trading below the EMA-25 (≈ $92,831) and far below the EMA-99 (≈ $98,769) → this indicates the market is still in a short-term downtrend.
Price is trying to break above a trendline resistance but failing to close strongly above it.
RSI(6) is around 49, which is neutral — no overbought/oversold signals.
Volume is mixed, with no strong buying breakout visible yet.
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🧭 Key Support Levels
Based on the chart:
1️⃣ Major Support: $88,600 – $88,800
This is the recent bottom shown on the chart.
If this breaks, expect heavier downside pressure.
2️⃣ Secondary Support: $90,000 – $90,200
Psychological support and the zone where previous candles held before dropping.
3️⃣ Weak Support: $91,200 – $91,300
Near EMA-7 region, but not strong; can break easily under pressure.
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🧭 Key Resistance Levels (important to know)
$92,800 (EMA-25) → critical resistance
$94,500 → previous rejection area
$96,600 → strong resistance from earlier swing high
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📌 Summary
BTC is in a downtrend, attempting a small recovery but still below key moving averages.
For bullish confirmation, price must break and hold above $92,800 (EMA-25).
Disclaimer : it's not a financial advice always do your own research .