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$BTC /USDT – 1H Chart Analysis
Price is at $75,940, down 0.75% today.
On the 1H chart, price is hovering around the WMAs. Slightly above WMA5 and WMA10, but still below WMA20. All bunched together – no clear trend.
Resistance: $76,688 then $78,076. Support: $75,300 then $75,022.
RSI(6) at 53.8 – neutral. RSI12 and RSI24 still below 50, so longer-term momentum is weak.
Volume is decent at $750M.
What I think: BTC is chopping after the drop to $75,300. Need a break above $76,688 to turn bullish, or below $75,300 to go lower. For now, it's a waiting game.
Bias: Neutral.
#StockTradingChallengeUpTo17000U