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$BTC /USDT PERP – Recovery Mode, Nearing Resistance (July 09, 2026)
Price: $62,797.4 (+1.82%)
**Range:** $61,617 – $63,144
EMAs:
Price above EMA5 (62,586), EMA10 (62,405), and EMA30 (62,428) – bullish crossover, all EMAs now support.
RSI:
6 at 70.0 (overbought threshold!), 12 at 60.0, 24 at 52.6 – short-term stretched but broader momentum improving.
Key Levels:
· Resistance: $63,144 → $63,677
· Support: $62,586 (EMA5) → $62,428 (EMA30)
Game Plan:
· Hold above $62,586 → test $63,144. Break = move to $63,677.
· Lose $62,586 → pullback to $62,428 or lower.
Verdict:
Strong bounce, but RSI(6) overbought. Expect consolidation or minor pullback before next leg. Trail stops if long.#GUSDYieldRisesto3.8%