$BTC /USDT – 1H Chart Analysis



Current Price: $76,762.3 (-1.11%)

Key Levels

· Resistance: $76,998 / $77,899 / $78,080
· Support: $76,476 / $76,458 / $76,097

Moving Averages (Bearish)

· WMA5: $76,716
· WMA10: $76,875
· WMA20: $77,121
Price is trading below all three WMAs. Bearish structure confirmed.

RSI (Weak, Nearing Oversold)

· RSI(6): 33.5
· RSI(12): 39.2
· RSI(24): 46.3
RSI(6) is approaching oversold territory.

Volume: $318.22M (moderate)

Outlook
BTC is bearish on 1H. Price broke below $77k and is trading under all WMAs. First resistance is at $76,875–$76,998. Support sits at $76,476–$76,458. RSI(6) at 33.5 suggests a short-term bounce is possible, but trend remains bearish until price reclaims WMAs.

Bias: Bearish below WMAs. Oversold bounce possible.
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