๐ BTC/USDT 1H Technical Outlook โ June 2
Current Price: $105,068
24H High: $105,866 | 24H Low: $103,752
RSI(6): 45.13 โ Neutral to slightly bearish
Volume: Pulling back after a strong bullish run
๐ Whatโs Happening?
BTC touched a local top near $105,866 before pulling back. Price just broke below the MA(7) ($105,355), showing short-term weakness. Eyes now on MA(25) at $104,710 as key support.
๐ Scenarios to Watch:
โ Bullish Bounce:
Hold above $104,700โ$104,800
RSI stays above 40
Target: $105,500โ$105,800
โ ๏ธ Bearish Breakdown:
Drop below $104,700 with volume
RSI dips below 40
Target: $103,900 โ $103,300
๐ My Plan:
Waiting for a clear bounce or breakdown confirmation. A reclaim of MA(7) = bullish bias.
๐ฌ Are you bullish or bearish right now?
