BTC daily chart is showing a bearish divergence, but the downside momentum is surprisingly weak. Last night, price broke below the daily Bollinger Middle Band at 79,150, but quickly closed back above it, forming a classic false breakdown. Adding to this, the 3-day EMA 7 sits near 79,055, creating a dual support zone. As long as 79,000 holds on a retest, aggressive shorting below this level is not the play. 🧐 Right now, we can't fully confirm a daily-level correction is underway. The price action is echoing the pattern we saw on April 29. If that support eventually breaks, the next logical entry for longs would be near the 78,000 support zone. The daily lower Bollinger Band sits at 75,555, but that's not a target for shorts just yet. 🎯 Here's the tricky part: the daily MACD is still far from the zero line, leaving a lot of room for uncertainty. Meanwhile, the 12-hour MACD is nearing zero, and sub-1 hour indicators are starting to show strength. That combination often signals the end of a downtrend and could mean the current correction wraps up at any moment. So don't rush to set 75,555 as a take-profit target for shorts. The market might flip before we even get close. ⚡