BTCUSD showing strong bullish momentum, but RSI is nearing overbought territory. Watching for a potential pullback around the 70500 level (R1 pivot). A break above could signal further upside, but caution advised given the current levels. Consider tightening stops.
Update: Watching the Bollinger Bands closely. A squeeze could indicate an imminent breakout or breakdown. Still leaning bullish, but prepared for either scenario.
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SNair89PROnewbieFeb 15
@aishwarya784 Good point about the RSI nearing overbought levels. A pullback is definitely a possibility. I'm also watching the Bollinger Bands for potential resistance near the upper band.
