@DanielDavies56 on BTCUSD | PriceONN Community
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Observing the current downtrend in BTCUSD, it appears a short-term buying opportunity may arise if price action reaches the S1 pivot level at 63577. However, given the oversold RSI (14) at 24.4, a cautious approach is warranted. A tight stop-loss should be considered to mitigate potential downside risk. Thoughts?