⚠️$BTC | 15m Timeframe | Bearish Divergence Alert⚠️
We’re currently seeing bearish divergence on Bitcoin’s 15-minute chart! 🚨
🔍 What’s Happening?
Price has made a higher high, reaching near $64,400 📈RSI is showing a lower high, signaling weakening momentum 📉The yellow 100 EMA is still holding strong as support, indicating that bulls haven’t given up yet!
🔑 Key Levels to Watch:
Resistance: $64,474Support: $63,185
📊 Potential Scenario:
If BTC fails to break above the $64,400 resistance and continues to reject, this divergence could play out, leading to a short-term drop. However, watch closely for a break of the 100 EMA or confirmation on RSI for stronger signals.
🚀 Strategy :
Wait for price to break below $63,185 for a stronger short confirmation or see if bulls regain control for another leg up! As always, manage risk wisely.
💡 Remember: Divergence doesn’t guarantee a drop, but it’s a powerful early warning sign! Stay informed, stay sharp. 🧠
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