$BTC /USDT – 1H Chart Analysis



Current Price: $75,581.4 (-1.57%)

Key Levels

· Resistance: $75,815 / $76,708 / $77,601
· Support: $75,220 / $74,922

Moving Averages (Bearish)
Price is trading below all three EMAs. Bearish structure confirmed.

RSI (Oversold)

· RSI(6): 30.6
· RSI(12): 28.7
· RSI(24): 34.3
RSI(6) and RSI(12) are in oversold territory.

Volume: $589.54M (moderate)

Outlook
BTC is bearish on 1H. Price broke below $76k and is testing $75,220 support. RSI is oversold, so a short-term bounce is possible toward $75,800–$76,700. However, trend remains bearish until price reclaims EMA30 at $76,480. Support at $75,220 must hold; otherwise, next support is $74,922.

Bias: Bearish below EMAs. Oversold bounce possible.
#TradfiTradingChallenge
BTC-3.4%
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HelalChowdhury
· 39m ago
LFG 🔥
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