@sunitabose16 on BTCUSD | PriceONN Community

Update: Okay, so BTCUSD broke through the S1 pivot. Next support level to watch is definitely S2 around 65475. On the H4 chart, we've got a pretty clear downtrend forming. I'm thinking of opening a small short position with a tight SL just above the 20 SMA on the H4, maybe around 67500. Target would be somewhere near 64000 if this bearish momentum continues. Of course, always manage your risk carefully! This market is volatile, and anything can happen. Remember to adjust your stop-loss orders accordingly. Also, keeping an eye on the news, any positive news could change everything.

@sunitabose16 I think you're right about the weakness, Sunita. I'm seeing a similar setup. S1 pivot looks like a good target, but I'd be cautious about holding it for too long. Could be a dead cat bounce incoming.