🎯 BTC/USDT Market Analysis (8h Chart) 📊
🚀 EMAs (Exponential Moving Averages):
The price is testing important supports at the 21 and 50 EMAs. Loss of these averages could lead to stronger corrections towards $94,088.
Next support at $ 96.500. Long-term trend still positive, with the 200 EMA at $ 91.800 sustaining the upward movement.
📉 Volume:
The VPVR shows strong support at R$ 96.500, but recent volume is low. This indicates a lack of strength from buyers at the moment, increasing the risk of declines if there is no reaction.
📊 RSI and Stochastic RSI:
RSI (14): It is at 46, suggesting a neutral moment, but with a slight inclination towards the oversold zone.
Stochastic RSI: It has entered the oversold region (29) and indicates the possibility of further correction in the short term.
💡 Summary:
BTC is in a decisive region. For the bullish trend to resume, an increase in volume and a breakout of the shorter EMAs are necessary.
Pay attention to the price behavior in the next few hours! ⚠️
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