BTC $BTC Afternoon Trend Brief Analysis 🧐

Support and Resistance
Short-term support:
118,336.0 (MA20) → If it breaks below, it may test 117,395.6 (24h low).
118,000 psychological barrier → key support level, if held, may rebound.

Short-term resistance:
119,091.4 (24h high) → After breaking or testing 119,629.4 (recent high point).
119,800 previous high → stronger resistance, breaking through may open a new round of increase.

Operation idea🤔
⚠️Conservative Strategy:
Watch: The price is in the MA5-MA10 convergence zone, direction is unclear, waiting for a breakout above 119,091.4 or a drop below 118,336 to follow up.
Stop-loss reference: Set the stop-loss for long positions below 118,200, and set the stop-loss for short positions above 119,200.

⚠️Aggressive Strategy:
Long opportunity: If it breaks out with volume above 119,091, take a light long position, target 119,600, stop loss at 118,800.
Short selling opportunity: If the price falls to 118,300 and breaks below MA20, a short position can be attempted, target 117,500, stop loss 118,600.