The price is at 0.00000419 USDT (-4.2%), below the key support of 0.00000430, confirming a bearish phase. The RSI is in oversold territory (≈22), a signal of a possible technical bounce, but selling pressure remains high.
In recent days, BTC has been consolidating after a strong rally, building a base above $89,000, a key area that has so far repelled every attempt at a downturn. 📊 On the 4H chart, it can be seen: • RSI rising from the neutral level (45–50) • EMA 50 supporting the price • Immediate resistance at $91,000, beyond which space would open up towards $93,000 $ – $94,500
Operational scenario: • 🟢 Possible long on confirmation above $91,000 • TP 1 → $93,000 • TP 2 → $94,500 • SL → $88,800 • 🔴 Short only below $88,000 $ with a target of $86,500
⚠️ Remember: this is not an investment recommendation but an educational analysis to share the market's viewpoint.