#BTC# 📊 BTC Contract Strategy Analysis
Current Price: $118,949 💰
Technical signals 🔍:
1-hour RSI: 43.45 ( Neutral Weak )
Super Trend Indicator: All Show Short Signals 📉
The price is below the middle band of the Bollinger Bands, indicating weakness.
The MACD histogram is negative, indicating that bearish momentum is dominant.
Key points 🎯:
Support: $118,593 ( today's low )
Resistance: $119,275 ( today's high )
Daily Super Trend: $112,487 ( strong support )
Contract Strategy Suggestions ⚡:
Short Selling Strategy:
Entry: $119,200-119,300 rebound to short
Stop Loss: $119,500
Target: $118,500