Price: 102824.68 | EMA7: 104169.93 | EMA25: 107486.82 | RSI14: 40.6 | Resistance: 126154.72 | Support: 35000 | Average Volume: 70.74 | Volume Trend: Decreasing
**Current picture (1‑day WBTC/USDT)**
- Price ≈ 102,825 USD, below both EMA 7 (≈ 104,170) and EMA 25 (≈ 107,487) → bearish short‑term bias.
- RSI ≈ 40.6 (neutral‑to‑slightly‑bearish).
- MACD is strongly negative (‑2,458) → down‑trend momentum.
- Volume is falling, so price moves are losing strength.
- Resistance ≈ 126,155 USD, support ≈ 35,000 USD (wide range, but the nearest “technical” floor is near the EMAs).
**Entry suggestions**
| Position | Suggested entry | Target / exit | Stop‑loss |
|----------|----------------|---------------|-----------|
| **Short** | 103,200 – 104,000 USD (just above current price, near EMA 7) | 95,000 – 97,000 USD (mid‑range) | 106,500 USD (above EMA 7 & recent swing high) |
| **Long** | 105,000 – 106,500 USD (if price breaks back above EMA 7 and shows bullish candlesticks) | 110,000 – 112,000 USD (approaching the next resistance zone) | 102,500 USD (below current price & EMA 7) |
| **Spot‑buy (if you want a single position)** | Around **104,500 USD** – the EMA 7 level, which often acts as a “pivot” for a bounce. | Monitor the RSI and MACD; consider exiting near 110,000 USD or if price falls back below 102,000 USD. | 106,500 USD (protect against a sudden reversal). |
**Take‑away** – The market is currently in a modest downtrend. A short trade is the higher‑probability play right now, but if you prefer a long exposure, wait for a clear bounce above the EMA 7 (≈ 104 k) before entering. The best spot‑buy price is roughly the EMA 7 level, around **104.5 k USD**.