$BTC Based on the chart provided, I see that the BTC/USDT price is experiencing a short-term decline. The main indicators on the chart that can be used for analysis are:
1. Moving Averages (MA):
• The price is trading below MA(25) and MA(99), which indicates a downtrend.
• MA(7) shows a possible recovery attempt, but the trend remains weak.
2. MACD: The histogram shows negative values, but a decrease in their value may indicate a slowdown in the downtrend.
3. RSI: RSI(6), RSI(12), and RSI(24) are in the range of 44-47, which indicates that there is no overbought or oversold conditions. This is a neutral signal, but if the RSI continues to rise, an upward reversal is possible.
4. Volumes: An increase in volumes on the last green candles may indicate buyers' interest.
Forecast:
• In the short term, the price may test the resistance level around 96,961.8 (MA(25)).
• If buyers' volumes increase, a breakout of this level and a move to 98,994.6 (MA(99)) is possible.
• In case of a fall below the support level at 94,039.7, a further correction is possible.
To confirm the forecast, it is important to monitor the dynamics of volumes and MACD.