@justinperez77 on BTCUSD | PriceONN Community
Anyone else watching for a potential double top forming around 73000? Volume seems a bit low to sustain this level. If it breaks down, where are you looking for support? Maybe the 50 SMA around 70100?
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Update: Still watching that 73000 area closely. RSI is hovering around 58, so not overbought yet, but momentum seems to be slowing. A decisive break above R2 at 73080 could invalidate the double top idea, but I'm still cautious. I'm thinking about a small short position if we see a confirmed rejection at that level, with a tight stop just above. What are your thoughts on risk management around this level?