Hey all, just sharing my short-term bias and levels I’m watching for BTCUSD based on price action and RSI clues.
Price got a clean rejection from the 112k supply zone, and now it’s sliding down with momentum. That orange box acted as a solid wall — no surprise there.
After that drop, price is hovering around 107.5k, but I don’t expect this to hold for long without some bullish fuel (which I don’t see right now).
📉 My Plan:
I’m looking for two key levels to the downside:
🥇 Expect 1: 105025 – This is my first target. I think we’ll see a short bounce from here, maybe a fakeout or trap move before further fall.
🥈 Expect 2: 102286 – If price closes below 105k and fails to reclaim it quickly, then I’m confident this level will be tested next.
I might look to enter short again if we bounce to 108.5–109.5k zone and start showing weakness (wick rejections, lower highs, RSI divergence, etc.).
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