🚨 $BTC /USDC – Overheated but Still Bullish

Current Price: $117,988

RSI: 81.55 (Overbought)

Trend: Strong Uptrend

Pattern: Sharp Rally with Small Pullback

Resistance: $118,900 (recent high)

Support: $116,850 – $114,230

Trade Setup (Caution):

Entry Zone: $116,500 – $117,500

Target 1: $119,500

Target 2: $121,000

Stop Loss: Below $114,200

Insight:

$BTC has rallied hard from $107K to nearly $119K. RSI suggests overbought conditions, so be cautious of a short-term pullback. A retest of support around $116K could offer a better long entry.

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$BTC