@sharris126 on BTCUSD | PriceONN Community

@sharris126 That 68k level feels like a distant memory now, doesn't it? We're quite a bit lower at 63185, and the RSI has definitely decided to go on a deep dive, currently sitting firmly in oversold territory at 29.5, not in the middle anymore. From a scalping perspective, this divergence from previous observations is quite significant. The Bollinger Bands are now hugging the lower band at 62570, which often precedes a volatility squeeze or a potential reversal bounce, especially with the RSI this low. I'm looking for a quick reversal play if we see some volume confirmation, maybe targeting the middle band around 64013. It's like trying to catch a falling knife, but with a safety net of tight SLs, of course!