#BTC☀️ 🪙🪙🪙🪙🪙
$BTC
1. The 15-minute trend is currently bearish; BTC is at $77,300 and trading below the 21 MA at $77,852.
2. After the sharp drop, support formed around $76,500, and price is now consolidating around $77,000–$77,400.
3. Resistance: $77,400 → $77,850. Support: $76,900 → $76,500.
4. RSI(6) is around 36, showing selling pressure, but it is approaching oversold territory.
5. A 15-minute close above $77,850 would improve the bullish setup; otherwise, BTC could retest $76,500.
$BTC
1. The 15-minute trend is currently bearish; BTC is at $77,300 and trading below the 21 MA at $77,852.
2. After the sharp drop, support formed around $76,500, and price is now consolidating around $77,000–$77,400.
3. Resistance: $77,400 → $77,850. Support: $76,900 → $76,500.
4. RSI(6) is around 36, showing selling pressure, but it is approaching oversold territory.
5. A 15-minute close above $77,850 would improve the bullish setup; otherwise, BTC could retest $76,500.