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📊 TECHNICAL ANALYSIS – BTC/USDT (1D)

1. Current Trend

The price is recovering after a sharp drop to the region of 80,600.

The EMAs:

EMA 7 and 25 crossing upwards, showing the beginning of buying strength.

EMA 99 still above, indicating that the larger trend remains bearish — but with a possible reversal in formation.

👉 Current scenario = High correction within a larger trend still under pressure.

Important Supports

88,350 → immediate support (recent dotted line).

80,600 → key support; main bottom of the drop.

78,300 → deeper support, in case it loses the bottom.

Strong Resistances

93,800 – 94,000 → immediate resistance (region where the price is now).

98,300 → critical resistance; above this, BTC regains clear strength.

108,400 → macro resistance (EMA 99 nearby).

👉 At the moment, the price is hitting exactly on the resistance of 93~94 thousand.

Increasing volume in bullish candles → good sign for continuity.

🎯 Probable Scenarios

📈 Bullish Scenario (most likely now)

If BTC breaks 94,000 with a full candle:

Target 1 → 98,300

Target 2 → 108,400

Target 3 → 118,400 (longer zone)

Confirmation: EMA 7 crossing EMA 25 + buying volume.

📉 Bearish Scenario

If it loses 88,350 with volume:

Target 1 → 84,000

Target 2 → 80,600 (main bottom)

Target 3 → 78,300 (more aggressive drop)

📌 Objective Summary

BTC is breaking upwards, but needs to overcome 94K to gain real strength.

RSI and KDJ indicate continuation of the high.

Current zone is strong resistance → beware of false breakout$BTC

BTC
BTC
89,616
-0.91%

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