📉 $BTC / USDT – Sharp Drop, Buyers Testing the Waters ⚡💰

Bitcoin just nosedived from 124,474 to 117,632, before catching short-term support. This flush pushed RSI(12) to oversold levels near 32, hinting a relief bounce might be brewing.

🔍 Key Levels

Support: 117,600 – 117,300

Resistance: 120,300 – 121,800

Below 117,300 → Eyes on 115,000

Above 121,800 → Possible short squeeze 🚀

📊 Trading Outlook

Scalpers: Watch for a pop above 120,300 for quick plays.

Swing traders: Wait for a daily reversal before diving in.

⚠️ BTC’s at a decision point — expect volatility ahead!

#BTC #BTCUSDT #Bitcoin #BinanceSquare