#BTC☀️

BTC/USDT Analysis - Daily Timeframe

Current Status:

Price:

$95,091.2 (-1.67%).

RSI: at 27.7 (oversold).

MACD: in a downtrend (-1,349.5).

Bollinger Bands: price is close to the lower bound (potential bounce signal).

Stochastic RSI: 0.7 (strong oversold).

Williams %R: -82.5 (oversold).

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Recommendations:

Buy: if a bounce from support 93,600 occurs with bullish signals on RSI and Stochastic.

Sell: if the price breaks 93,600 with confirmation from MACD and volumes continue to decrease.

Support and Resistance:

Support: 93,600.

Resistance: 97,300.

Use stop loss and follow the trading volume to confirm the signals.