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🔥 BTC Showing Signs of a Key Decision Zone — Smart Traders Are Watching Closely! 👀
The BTC/USDT 1-minute chart reflects short-term bearish pressure after rejection near the 61.8K–61.9K resistance area. Price dropped sharply toward 61.5K support and is attempting a weak recovery. The MA5 remains below MA10 and MA30, indicating sellers still have control in the immediate trend.
📉 Technical Outlook: • Resistance: 61,700 – 61,900 • Strong Resistance: 62,200+ • Support: 61,500 • Major Support: 61,400
📊 Indicators: • MACD remains in bearish territory, momentum still favors sellers. • RSI around 40 suggests BTC is not yet oversold but remains weak. • KDJ is recovering from oversold levels, hinting at a possible short-term bounce.
⚡ Trading View: A break above 61.7K could trigger a quick move toward 61.9K–62.2K. However, losing 61.5K support may open the door for another bearish leg. Traders should wait for confirmation before entering aggressive positions.
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