๐ฅ Price Pivot: Bulls vs Bears ๐๐ป
The market is displaying cautious sentiment as the price hovers around $95,950, down 0.54% today. ๐๐
The daily chart reveals a tug-of-war near the MA(7) at $98,576, while the MA(25) at $99,094 signals a possible resistance zone. ๐โจ
RSI at 33.63 shows bearish momentum but hints at a potential rebound from oversold conditions. ๐๐น
MACD remains negative with a divergence between the DIF and DEA lines, indicating persistent selling pressure. ๐จ๐
Volume trends are moderate, with 24H trading volumes at 24,936 BTC, suggesting uncertainty among traders. ๐๐
Watch for a breakout above $97,350 to confirm bullish strength or a dip below $93,700 for further downside. ๐๐
Stay vigilant and manage your positions wisely! ๐กโก
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