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Okay, so BTCUSD is hovering around 67600. The 20 SMA is just below at 67620, so that's immediate support. I'm a bit cautious with that RSI reading though, it's not quite overbought, but it's getting there. Watching for a potential pullback before considering any long positions.
Update: Looking at the Bollinger Bands, we're right in the middle. Not much signal there tbh. I'm thinking a retest of the 67000 area is possible, maybe even down to S2 at 67178 if things get shaky. I'm going to set an alert for if it breaks below the 67500 level. If it bounces off the 20 SMA and holds above 67700, might consider a small long position with a tight SL. Just need to see more confirmation before jumping in. Risk management is key!
