๐ Real-time Technical Analysis:
General Trend: Bearish in the short term.
Nearby Support Level: $655 โ If broken consistently, the decline may continue towards $650.
Nearby Resistance Level: $660 โ Breaking above it may indicate the beginning of a bullish rebound.
Relative Strength Index (RSI): In the oversold area, which may indicate a potential temporary rebound.
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โ Real-time Recommendation:
If the price breaks the $655 level with a strong one-minute candle:
Sell Trade (Short):
Entry: Below $655.
Target: $650.
Stop Loss: $658.
If the price rebounds from the $655 level and rises above $660 with a strong one-minute candle:
Buy Trade (Long):
Entry: Above $660.
Target: $665.
Stop Loss: $657