Sorry to say, but Bitcoin is bearish from here :(
1. BTCUSDT – Short Bias
Entry: $10650 – $10700
Stop Loss: $10950
Take Profit: $10200
Risk-Reward Ratio: ~1:1.8
Rationale:
Bitcoin's hourly RSI is at 61.31, showing mild overbought pressure. Momentum and AO are declining, and ADX is weak at 18.90, indicating a lack of strong trend. Price is currently above VWAP but struggling near resistance levels (R1 = 113255). The daily momentum indicators are also fading. A short pullback is probable after the recent rally.
