@rahul1534 on BTCUSD | PriceONN Community
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Current BTCUSD price action suggests continued downside pressure. We're trading significantly below the 20, 50, and 200 SMAs, indicating a strong bearish trend across multiple timeframes. The RSI at 24.7 is deeply oversold, which might trigger a short-term relief bounce, but it's not signaling a trend reversal yet. Key support around the lower Bollinger Band at 62775 needs to hold