Bitcoin (BTC) Technical Analysis โ Short-TermBTC Perpetual Futures ContractBINANCE:BTCUSD.PE-TradePSH๐ Market Situation: BTC/USD has set a new local low at $82,256.01. A bullish divergence is forming on the 1-hour (1H) timeframe based on the RSI indicator, signaling a potential trend reversal. The downside potential appears limited, as selling pressure is weakening. ๐ Key Levels: Support: $82,256 โ a critical level for a potential reversal. If this level breaks, the next target could be $79,100. Resistance: Shifting to $89,300. For bullish confirmation, BTC must hold and stabilize above $89,300. ๐ Expectations & Scenarios: 1๏ธโฃ Bullish Scenario: If BTC holds its current levels, a rebound towards $89,300 resistance is likely. 2๏ธโฃ Bearish Scenario: If BTC fails to break resistance or faces renewed selling pressure, a retest of $79,100 is possible. ๐น Conclusion: A trend reversal is more likely at these levels, but confirmation is needed for an upward movement. A break and hold above $89,300 would validate a bullish scenario. This analysis reflects only certain perspectives and should not be considered as investment or trading advice. It is recommended to conduct your own analysis and develop a trading strategy or consult with a qualified professional before making any investment decisions.