Here you have a version to publish directly on Binance Square, with an entertaining, technical, and clear tone, leaning towards the bearish trend, using the prices that appear on your chart (111 686, 110 817, 108 226, 116 525, etc.) and complying with the platform's rules 👇
🩸 BTC/USD: Signs of weakness, support is at stake 🩸
📉 Current price: ≈ $111 680
📍 Chart: 4h timeframe – Binance
🔍 Technical analysis
In the chart, it is noticeable that Bitcoin maintains bearish pressure after several rejections in the area of $116,000 – $116,500, where the EMAs 50, 100, and 200 converge, acting as a technical wall.
The Bollinger Bands are narrowing, which anticipates a strong movement, and all indications suggest that it could be downward if the immediate support at $110,800 does not hold.
⚠️ Main scenario (bearish trend)
📉 If BTC breaks strongly below $110,800, the next critical level would be $108,226, a support that has already been tested in previous candles.
🧊 A drop to that area could generate a temporary technical bounce, but as long as the price remains below the EMAs, the structure remains bearish.
👉 Only a clear close above $115,700 – $116,500 could invalidate this scenario and pave the way for recovery.
💬 Conclusion
The market seems to be forming a fragile floor, and the lack of buying volume suggests that we could see another drop before a serious bounce.
For now, the short-term trend remains bearish.
💡 Remember: this analysis is educational, not a financial recommendation.
