đ BTCUSDT â 3 minutes Now I see: Price: 76,866.2 5-period EMA: 76,896.6 8-period EMA: 76,884.8 73-period EMA: 77,124.4 Recent low: 76,667.3 RSI: 45.8 The 73-period EMA is still clearly bearish and is well above the price. This maintains the overall bearish bias. But there's something important: the price is bouncing from 76,667.3 and has just approached the 5- and 8-period EMAs. Therefore, I wouldn't yet consider the next bearish leg confirmed. đŻ What I would watch now SHORT scenario: If the bounce fails around 76,885â76,900 and a strong red candle appears with volume, it could retest 76,667.3. If it breaks below that low, then the next area to watch would be 76,267â76,205. Invalidation scenario: If BTC starts to recover strongly and holds above the 5/8 EMA, the rebound could continue. And if it subsequently recovers the 73 EMA (~77,124), the bearish reading would be much weaker. đ Regarding what you mentioned earlier: I wouldn't expect the 73 EMA to necessarily reach 76,267.36. It's currently at 77,124.4 and still falling, but the EMA is recalculated with each candle; it doesn't function as a fixed price target. Right now: đŽ downtrend + đĄ rebound in progress = wait for confirmation.#RussianCentralBankFlagsCryptoAsFinancialRisk

