📊 $BTC Should you enter a trade now?
It is not advisable to enter directly now — high chance of a correction.*
🔍 Reason:
- Current price: 123,712.06 USDt (+3.35%)
- RSI = 81.41 → Clear overbought condition
- MACD = 228.26 → Strong momentum, but close to peak
- Price is near the daily high: 124,474.00
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⚠️ What does that mean?
- The market is in a strong upward trend, but technical indicators suggest a possible correction soon
- Entering now carries high risk, especially if the price does not break the 124,500 level firmly
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📌 When to enter?
- If the price corrects to the 121,000 – 122,000 area and a bullish candle appears
- Or if the price closes above 124,500 with strong trading volume → Enter with a target of 127,000+
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