@freedune on BTCUSD | PriceONN Community

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freedune
freedune PRO newbie
BTCUSD Mar 2
I'm watching the 65500 level closely. It's been tested multiple times as support, but hasn't broken decisively yet. If we see a sustained break below that level, I'm expecting a quick move down to at least 64800, possibly even lower. My algo is flagging a potential short entry there. However, RSI is still relatively neutral, and the 50 SMA is providing some support. What are your thoughts on the validity of this support level, and what indicators are you using to confirm a breakdown? I'm also curious how the overnight news will affect this level.
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