📉 $BTC Morning: testing key support
BTC is down 1.8%, trading below both SMAs with RSI at 36.4, signaling a possible short-term bounce. BTC dominance sits at 59.26%, keeping pressure on alts until BTC stabilizes.
• Support: 76,325 - 76,500
• Resistance: 77,654 and 77,796
• SMA20 / SMA50: above price, squeezing the range
Plan: the idea holds if 76,325 support stays intact for a bounce toward 77,654 resistance; a break below 76,325 opens the door to a deeper pullback.
Not financial advice.
BTC is down 1.8%, trading below both SMAs with RSI at 36.4, signaling a possible short-term bounce. BTC dominance sits at 59.26%, keeping pressure on alts until BTC stabilizes.
• Support: 76,325 - 76,500
• Resistance: 77,654 and 77,796
• SMA20 / SMA50: above price, squeezing the range
Plan: the idea holds if 76,325 support stays intact for a bounce toward 77,654 resistance; a break below 76,325 opens the door to a deeper pullback.
Not financial advice.
