BTCUSD looking super weak right now 📉. RSI is almost oversold but not quite there, means more pain could be coming. I'm seeing it test the 62.7k level soon, maybe even break it. Not looking good for the bulls, time to be cautious or short this beast! 🐻
Yeah, and if it breaks below that 62.7k, we could see a quick drop to the S2 pivot around 62.6k. That's a key level to watch 👀. I'm setting my alerts for a potential bounce there, but not confident yet. Gotta see some real buying pressure. 🚀