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$BTC is holding a controlled recovery after establishing its recent low near 88,888. The price is now stabilizing above the 92,000 region, forming a narrow consolidation band. Despite this stabilization, the moving averages remain in a downward slope, signaling that the broader short-term bias is still soft. However, the latest candles show steady absorption of selling pressure.
Primary support sits between 91,300 and 91,600. As long as BTC stays above this pocket, the intraday structure remains balanced. On the upside, the immediate resistance is positioned around 93,400, where a decisive close would shift the momentum toward a clearer upward rotation.
Volume remains subdued, suggesting the market is still in a transition phase without a confirmed trend. MACD reflects slow momentum, indicating that BTC is preparing for its next expansion but has not committed to a direction yet. A break below 91,300 would expose weakness, while a breakout above 93,400 would validate a stronger move.
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