$BTC - Oversold conditions often precede a liquidity grab.
1h · RSI 25.2 · price 81838.0 (-1.79%)
Support: 81398.37
Resistance: 82521.31
24h range: 81398.37-84146.72
Invalidation: 1h-close below 81398.37.
The extreme RSI reading suggests the current bearish momentum is exhausted and likely to invite a sharp mean reversion toward resistance.
#TechnicalAnalysis #BTC
1h · RSI 25.2 · price 81838.0 (-1.79%)
Support: 81398.37
Resistance: 82521.31
24h range: 81398.37-84146.72
Invalidation: 1h-close below 81398.37.
The extreme RSI reading suggests the current bearish momentum is exhausted and likely to invite a sharp mean reversion toward resistance.
#TechnicalAnalysis #BTC