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BTC just touched $86,501 and the market is showing a very interesting movement! 👀📉📈
RSI is currently near the oversold zone, which often signals a potential bounce. At the same time, buyers are slowly stepping back in after a strong correction from the recent highs.
Key Levels I’m watching: • 🔻 Support: $83,800 • 🔺 Resistance: $87,350 • ⚠️ If BTC holds above $86k, a short-term recovery is possible.
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🚨 BTC Big Drop — What’s Happening Now? (Quick Analysis)
📉 BTC is trading around: 85,770 USDT Today's candle is very important, because 3 things are clearly visible on the chart 👇
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🔍 1️⃣ RSI is very low — Oversold Zone!
Your chart shows RSI around 27 It indicates that the market is currently in an oversold position. In this zone, there is usually a strong rebound possibility.
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🔍 2️⃣ Last Swing Low: 80,600 (Major Support)
BTC last bounced here. If the price drops again → this zone may work again.
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🔍 3️⃣ Downtrend is Weakening — Volume is Decreasing
Selling volume is not as strong as before. It indicates that big players are waiting for the entry zone.
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📌 My View:
👉 BTC is currently short-term bearish but close to the reversal zone. 👉 Those who are new, please observe the market instead of panic selling at this time. 👉 A big move may come very soon.
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❓ What do you think BTC will do from here?
🔼 Will it bounce? ⬇️ Or will it test the 80K support again?
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FUN/USDT is on the move! 🚀 Price just hit $0.002824 (+18.41%) with strong volume and a sharp 15m breakout. RSI is climbing and bulls are clearly in control after a clean reversal from the $0.00255 zone. Watching to see if it can retest the 0.00295 high! 📈