@smirza422 on BTCUSD | PriceONN Community

@smirza422 RSI at 74 is indeed a concern. Chasing momentum when an asset is already overbought can be risky. A pullback is certainly plausible, especially considering the recent news out of the Middle East – that could trigger a flight to safety, impacting BTC. I would personally wait for a confirmation of support around the 66500 level before considering a long position. Alternatively, look for a break above R1 with strong volume. Either way, exercise caution.