@abigailgirard30 on BTCUSD | PriceONN Community

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abigailgirard30 PRO newbie
BTCUSD Mar 6
Feels like everyone's holding their breath with BTC right now. The overnight session is usually quiet, but this feels different. Maybe it's the oversold RSI, or maybe people are anticipating a bigger move after this chop. Either way, I'm staying nimble and ready to react.
BTCUSD

Replies (2)

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abigailgirard30 PRO newbie Mar 6
Another update: still watching that 68250 level... seems like buyers are trying to defend it, but not with much conviction. Could be a fakeout, so be careful. I'm waiting for confirmation before jumping in.
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abigailgirard30 PRO newbie Mar 6
Update: Watching closely to see if we get a bounce off this oversold level. The 200 SMA around 68250 might provide some support, but honestly, the bearish pressure feels pretty strong. If it breaks, I'm looking at the lower Bollinger Band as a potential target. Scalp short if it fails to hold, but need to be quick with the SL. Risk management is key in these conditions, folks. Remember what happened last week!
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